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I just hope the champagne tax still goes to the navy as the Kaiser intended!
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Mar 25, 2019 12:49
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frankenfreak posted:I just hope the champagne tax still goes to the navy as the Kaiser intended! We have a navy?
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Mar 25, 2019 12:57
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!
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suck my woke dick posted:We have a navy? Yep, they spent the last 50 years fixing the Gorch Fock though, so you can hardly notice.
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Mar 25, 2019 13:21
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Goons Are Great posted:Yep, they spent the last 50 years fixing the Gorch Fock though, so you can hardly notice. Once the fossil fuels run out, Germany with its one still functional sailing ship will rule the seas, though. 
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Mar 25, 2019 14:48
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Amazing that Germany was a contender for world naval power not that long ago.suck my woke dick posted:Intuitively this is true but I'm always eager to hear in detail how exactly this fucks us. It puts tons of liquidity into lovely German banks and as for why that is a bad idea I'll refer to 2011.
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Mar 25, 2019 17:02
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MiddleOne posted:
wait, are you referring to the high individual tax burden? why does that increase bank liquidity?
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Mar 25, 2019 18:50
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Opferwurst posted:wait, are you referring to the high individual tax burden? why does that increase bank liquidity? Because of the disproportionally high sales-tax creating weird incentives. Basically it can go: Disproportionate sales tax -> increased incentive for household saving -> increased bank liquidity -> falling revenue -> banks leveraging more to maintain profit margin -> disaster Now, in real-life Germany that variable has a lot more important and significant cousins (such as culture, government surpluses and trade surpluses) but I just found it funny that despite being one of the most developed economies on the planet VAT is still somehow larger than payroll. That just feels stunningly German to me. Maybe my frame of reference is just too Scandinavian.
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Mar 25, 2019 22:12
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MiddleOne posted:Because of the disproportionally high sales-tax creating weird incentives. Basically it can go: German VAT rate (19%) is actually lower than any part of Scandinavia (22-25%), though admittedly Scandinavian income taxes are even higher so proportionally you're right. e: the EU mandated minimum is 15% for reference Private Speech fucked around with this message at 22:37 on Mar 25, 2019 |
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Mar 25, 2019 22:34
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What's a good alternative for VAT, in general? Wikipedia tells me that sales tax largely works the same. Am I missing something?
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Mar 25, 2019 22:45
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Lord Stimperor posted:What's a good alternative for VAT, in general? Just... don't use nearly as much sales tax/VAT/consumption tax? And focus your revenue from property, income, capital gains, etc?
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Mar 26, 2019 01:26
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VAT is cool & good.
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Mar 26, 2019 01:30
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Lambert posted:VAT is cool & good. I mean it's not great because it's not means-tested and generally the more money you have the lower proportion of your outgoings will go towards VAT, but it's not the worst thing ever either.
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Mar 26, 2019 02:48
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Capital gains and shadow banking is where we should be most focused on,but corporate tax rates can and should be raised. "In 1980, corporate tax rates around the world averaged 46.63 percent and 38.84 percent when weighted by GDP. Since then countries have recognized the impact that corporate taxes have on business investment decisions so that in 2018, the average is now 23.03 percent and 26.47 when weighted by GDP for 208 separate tax jurisdictions." Corporate tax rate in Hungary is 9%, in France its 34%.if there's a EU mandated minimal value for VAT there should definitely be one for this. Tax capital gains the same rate as income, set a 90% rate at 20x minimum wage, Bing bong so simple. Relevant, a french man with some good ideas
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Mar 26, 2019 03:20
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Lord Stimperor posted:What's a good alternative for VAT, in general? VAT is another name for sales tax. Lambert posted:VAT is cool & good. Sure, if you're Bangladesh.
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Mar 26, 2019 06:19
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MiddleOne posted:Amazing that Germany was a contender for world naval power not that long ago. Germany might have had the second largest fleet, but the gap between Germany and Britain was still absolutely massive. So massive in fact that even though the limeys got absolutely spanked in the one major naval engagement of the war, the German admirality decided afterwards that the best course was to stay in port for the rest of the war.
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Mar 26, 2019 12:02
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Private Speech posted:I mean it's not great because it's not means-tested and generally the more money you have the lower proportion of your outgoings will go towards VAT This does not matter if it's compensated by a progressive transfer payment.
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Mar 26, 2019 12:12
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MiddleOne posted:VAT is another name for sales tax. It's not. It serves a similar purpose, but VAT is much harder to dodge and probably has fewer market-distorting effects. The downside of VAT is that it requires more comprehensive legally mandated accounting to work.
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Mar 26, 2019 12:16
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Herman Merman posted:This does not matter if it's compensated by a progressive transfer payment. Yes it does, as transfer payments are not instant.
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Mar 26, 2019 12:16
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fishmech posted:Yes it does, as transfer payments are not instant. They can be, UBI for example.
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Mar 26, 2019 12:19
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Herman Merman posted:They can be, UBI for example. Really, they pay UBI now and daily?
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Mar 26, 2019 12:29
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Dommolus Magnus posted:Germany might have had the second largest fleet, but the gap between Germany and Britain was still absolutely massive. So massive in fact that even though the limeys got absolutely spanked in the one major naval engagement of the war, the German admirality decided afterwards that the best course was to stay in port for the rest of the war. 'Absolutely spanked' would have resulted in Germany winning the war. It wasn't particularly great, but it wasn't that. That said, I wouldn't say 'world naval power'. The German fleet was built to operate in the Baltic and North Sea, they weren't designed for months long cruises to like South America or anything (which is one reason why they were better ships in that specific context of 'sink the Royal Navy somewhere close to home').
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Mar 26, 2019 12:35
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Germany was never a world naval power, what are you talking about.
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Mar 26, 2019 12:49
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caps on caps on caps posted:Germany was never a world naval power, what are you talking about. Not him, some poster upthread claimed Germany was a contender for that title once. That poster was already corrected, no need for you to add your mustard now. 
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Mar 26, 2019 12:55
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Welp, that crappy EU copyright law was approved. GG everyone.
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Mar 26, 2019 13:13
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Germany encroaching on Britain's sea trade monopoly pre world war was what triggered the The Thucydides Trap. The colony based world system would have collapsed either way but it wouldn't necessarily happen through 2 world wars with Germany empire come out on the losing end. What I am saying is kill Wilhelm the second and make Karl Marx the prime minister.
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Mar 26, 2019 13:15
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AceOfFlames posted:Welp, that crappy EU copyright law was approved. GG everyone. "It's about making sure that ordinary people can upload videos and music to platforms like YouTube without being held liable for copyright - that responsibility will henceforth be transferred to the platforms," he said. finally, i can destroy google by shitposting on youtube
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Mar 26, 2019 13:49
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Does somebody have a good public available source on the status of the Isle of Man to the EU (in particular regarding VAT) and how Brexit is going to affect it? I need it for a thing but don't have access to normal research platforms right now.
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Mar 26, 2019 13:52
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AceOfFlames posted:Welp, that crappy EU copyright law was approved. GG everyone. http://europa.eu/rapid/press-release_MEMO-19-1849_en.htm EU Commission posted:Will the Directive impose uploading filters online? What. I assumed there would be mandatory upload filters for copyrighted content when this thing passed. Memes are not banned either. Google, Facebook et al will eat poo poo with the licensing but otherwise it seems it could've been way worse?
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Mar 26, 2019 14:22
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Rolling Scissors posted:http://europa.eu/rapid/press-release_MEMO-19-1849_en.htm It's going to be filters because  if you think they are hiring people to do it (or pay money to other companies)
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Mar 26, 2019 14:26
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It's really cool and good how something that was already kicked out of the door a year ago for being complete horseshit got to come back in through the window.
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Mar 26, 2019 14:34
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Herman Merman posted:This does not matter if it's compensated by a progressive transfer payment. In these times of hard choices our conservative overlords will ensure that this never happens Dommolus Magnus posted:Germany might have had the second largest fleet, but the gap between Germany and Britain was still absolutely massive. So massive in fact that even though the limeys got absolutely spanked in the one major naval engagement of the war, the German admirality decided afterwards that the best course was to stay in port for the rest of the war. Your understanding of this topic is simplistic at best
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Mar 26, 2019 14:40
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Rolling Scissors posted:http://europa.eu/rapid/press-release_MEMO-19-1849_en.htm It says "Filters are not required", but filters are literally the only feasible technology to exert this kind of control. Unless the actual implementations of the guideline go for an exceedingly lax interpretation of "best effort", there's no way around them. The "meme-banning" part stems from the issue that these filters will by necessity have to be rather coarse and end up with a number of false positives, since they would have little to no ability to discern between a pure reproduction of a copyrighted work, or the use of a still or clip inside a parody or other derivative work.
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Mar 26, 2019 15:01
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Rolling Scissors posted:http://europa.eu/rapid/press-release_MEMO-19-1849_en.htm Yeah, that's what they claimed all the time. No filters needed. However, it's literally impossible to police this without using filters - especially given that both Facebook as well as Google and numerous other sites are already using them in a large scale (wth mixed success) to prevent pornography and straight up illegal content to appear on those sites. Expanding this into the endless clusterfuck that is European copyright law will inevitably lead to even more use of those filters, that desperately try to block whatever they don't have licensed, which is a lot. Either way, this kinda thing does take a long time to implement and whip through national legislation to actually be enforced or even enforcable (if that's even possible to begin with), so it still does have a way to go.
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Mar 26, 2019 15:27
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If this pushes facebook etc out of europe it'll be a good thing, then we can rescind the law again.
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Mar 26, 2019 15:40
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Truga posted:If this pushes facebook etc out of europe it'll be a good thing, then we can rescind the law again. It's not going to. If anything it entrenches the big players even more since they are the only ones who can manage such large measures to police content.
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Mar 26, 2019 15:42
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Oh I know, but the amount of complaining they keep doing is hilarious. My friend uses twitch a lot and apparently it keeps spamming him about how he won't be able to watch literally anything anymore because poor bezos can't afford a filter
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Mar 26, 2019 15:44
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Truga posted:If this pushes facebook etc out of europe it'll be a good thing, then we can rescind the law again. On the contrary. A company the size of Facebook will be able to spend the money necessary to be compliant, while any new competitors couldn't afford to do so and will get sued out of business.
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Mar 26, 2019 15:45
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Truga posted:Oh I know, but the amount of complaining they keep doing is hilarious. My friend uses twitch a lot and apparently it keeps spamming him about how he won't be able to watch literally anything anymore because poor bezos can't afford a filter Twitch/gamestreaming is a special case grey area of copyright law, so they've got a point.
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Mar 26, 2019 17:27
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fishmech posted:Really, they pay UBI now and daily? If UBI is adopted it will be paid in advance, before the person is even able to make a purchase that would make him liable to pay the VAT. Same goes for any transfer payment paid as a part of the payroll taxation or welfare system, so I don't really see the issue.
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Mar 26, 2019 18:18
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Can someone explain to someone who doesn't know anything about economics why VAT is a regressive tax rather than just a flat tax? Why does where the money leaves the system matter? Isn't corporate and capital gains tax equally flat? Are income, wealth and estate taxes the only progressive taxes?
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Mar 26, 2019 18:52
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