Spolu 22: Keep the Taxes Low

Spolus should first pay a share of their profits to the government. I recommend 20-25%.

Because the rest of the profits are distributed to employees, customers, and suppliers, and investors, the rest of the profits will be taxed as well. So no need to make the business tax high.

https://www.tiereddemocraticgovernance.org/blog_details.php?blog_cat_id=29&id=401

#tiereddemocraticgovernance
#spolu #taxrate

One of the things not often talked about when talking about a #UBI, is that it allows you to make a #FlatTax a #Progressive #Tax.

This is a good thing, because a lot of the trash we have favoring #corporations / #investors, etc is actually because we can't really tax all #income the same while having a progressive tax.

So, check is out:

Suppose there's a 40% #TaxRate, and a $20k UBI.

The Effective Tax on an individual then becomes what's shown in the picture.

This is _more_ progressive than our current tax system.

Harris County proposes $2.66 billion budget for the 2025 fiscal year with potential tax rate increases

https://www.houstonpublicmedia.org/articles/news/harris-county/2024/08/16/496757/harris-county-proposes-2-66-billion-budget-for-the-2025-fiscal-year-with-potential-tax-rate-increases/

#HarrisCounty #Local #News #Politics #Budget #HarrisCountyJail #TaxRate

Understanding the Company Tax Rate in Singapore

Dive into the details of Singapore's corporate tax rate with our detailed overview. Discover the prevailing tax rates, available exemptions, attractive incentives, and necessary compliance obligations that shape the corporate tax landscape in this prominent Asian business center.
Visit, https://www.incorp.asia/singapore/guides/corporate-tax-system/

#tax #taxrate #singapore #companytax