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10 July 2021

Comments

scenes

It seems to me that one thing that greases the skids towards universal taxation schemes has been the strong tendency towards digitization of money...and the tendency will always veer to a requirement.

An interesting thing to think about is the influence of digital currencies using purely government gateways on financial policy. Borrowing can get darned arcane but I can see where the pressure comes to have international central banks...I suppose that the large banks are already a form of that. Given that there are four Chinese banks the size of JPMorgan, you can see who will be driving the car.

scenes

Gaming of the rules aside, I was musing this morning about how the news presentation of a 'global tax' is rather like naive views of a 'flat tax' for income. The rate tables are the simplest part of a tax system and by simply adjusting them you really achieve very little.

Just imagine the worldwide auditing apparatus and synchronization of an infinite number of pages of tax law you'd have to put in place. I was amusing myself looking through websites showing overviews of corporate tax law by country. There are international accounting standards but the devil's in the details.

In the long run, maybe all you need is a huge new bureaucracy combined with an international currency where all financial transactions of any type go through a single clearinghouse. With enough computer power, tax law can be as complex as you like.

Galt's Gulch will be replaced by Kaczynski's Cabin.

Scott O

scenes 5:50 - "In the long run, maybe all you need is a huge new bureaucracy combined with an international currency where all financial transactions of any type go through a single clearinghouse."

The CCP is working on it.
The Davos crowd will assist.

scenes

Apropos of nothing maybe, but my magpie brain pulled in this one while poking through tax rules.

"New York Forces Citizens to Pay for ‘Stargazing Permit’ to View Night Sky in Public Parks"
https://www.newsbreak.com/amp/n/1495933656351

It's a beautiful thing.

Scott O

scenes 6:53 - Well, do you have any idea what it costs to pay someone to stay out late at night to enforce the permit rules?
And of course, someone to supervise that person.
Heck - there's probably a nice office downtown to house the 'Office Of Stargazing Regulation'.
You wouldn't want the City of New York to devolve into lawlessness would you?

The Estonian Fox

Scenes @6:53AM.

They make you show ID for stargazing too. Maybe they can place some ballot boxes out there to double-up duty.

Why would you need an ID to look at the stars? Of course, I'm not one to speak. Years ago when I had my 'scope set up, I required my own kids to show ID. My 3-year old was pissed! She didn't even know how to spell 'ID'. Still hasn't forgiven me. But at least she can't vote me out of office (as dad).

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