This feels a little like one of those situations where a privileged group has their privilege taken away, and mistakes it for being discriminated against.
Funny events in anti-woke world
- Thread starter Agema
- Start date
They're not. There are five countries with a higher GDP per capita.
Those 5 countries are:
1) Luxemburg (Tax Haven)
2) Switzerland (Tax Haven)
3) Ireland (Tax Haven)
4) Norway (Oil)
5) Singapore (Trade middlemen)
Have you considered the possibility that high GDP per capita might not be a serious measurement for personal productivity?
Yeah, because it was just you saying something about taxes and that's all you had. You think I'm going to take your opinion on taxes by you simply just claiming you're right?
If Person_A has to spend 25% on unrealized gains and Person_B doesn't; Person_B has quite the advantage in investing. I don't have problem with fixing the stock market, taxing unrealized gains is not how you do that.
There's a whole Wikipedia article about how the United States also can be considered a tax haven. To what extent that is true compared to the other countries is obviously subject to discussion.
I have. Along with Rutger Bregman's assertion that GDP in general is not that useful a measurement. If you (or @Gergar12 since he brought the subject up) have a better suggestion of what to use I am all ears.
Dude, I don't give a shit. But if you ask me to do something, you cannot then moan about the fact I did it.
You. Asked.
Person_A also has another advantage over 99.99% of everyone else on earth. He's a centimillionaire. Methinks that renders this disadvantage somewhat immaterial.
I'm talking about the other 0.01%, I'm not talking about John, the owner of Johnny's Pizza. Why would you prefer non-American citizens to have an advantage?
Did you know that nonresident aliens still have to pay US taxes on US income? Seems like a solution
Aggregate power per capita in theory. But no, there is no perfect measure, but I specifically stated small states don't count. Because if your a small state that can speak English and is located in a good area, you can make a bank doing very little.
As for productivity, here it is:
List of countries by labour productivity - Wikipedia
en.wikipedia.org
You're deeply concerned about the advantage that a foreign 100-millionaire might have over a US-based 100-millionaire, are you? Diddums. I'm happy to tell you that both groups would still find it exceptionally easy and lucrative to invest.
Besides which, as MysteriousGX says, nonresidents still pay US tax on US income.
Thanks. This is a great rebuttal to the "women aren't allowed to be villains in media anymore" lie.
Foreign investors aren't required to be nonresident aliens or subject to US taxes.
It's acutely stark just how devoid of tangible substance J.Peterson is when he has to debate people who've put the work in to build their expertise and higher respect/dependency of facts. He comes off like an emotional child lashing out cos noone liked his basic doodles: even with revealing outbursts like "how can you not see the brilliance?!?!" (Referring to his dumbass shallow attempts to bolt reactionary rightwing dreamology onto pop culture icons like SEO-guided radicalisation homing pigeons)
(Paraphrased from memory)
JP: "b b b b but didn't you say that time you were a cultural Christian? You said! What did you mean by that?"
RD: "Almost nothing. Only the environment in which I was raised in. I don't value it as a truth system."
JP: "Well, ok, maybe you don't...but also, like, maybe you do?"
...
JP: "Have I told you about the dragons?? I bet YOU haven't taken down a dragon have you?!"
🤌
Put him out to pasture. Same field as Biden. Away from the rest of us
(Paraphrased from memory)
JP: "b b b b but didn't you say that time you were a cultural Christian? You said! What did you mean by that?"
RD: "Almost nothing. Only the environment in which I was raised in. I don't value it as a truth system."
JP: "Well, ok, maybe you don't...but also, like, maybe you do?"
...
JP: "Have I told you about the dragons?? I bet YOU haven't taken down a dragon have you?!"
🤌
Put him out to pasture. Same field as Biden. Away from the rest of us
So to be clear: you're talking about a scenario in which the investor lives abroad and the investor's home country doesn't levy an unrealised gains tax. Is that right?
The US still could. Countries tax income made in their own country by those who live abroad all the time, often with Double Tax Arrangements and credit systems in place to ensure the combined total isn't excessive.
I don't really care what the investor's home country does or doesn't do, the US wouldn't be getting capital gains tax revenue from them.
Nonresident aliens aren't subject to U.S. capital gains tax and no money will be withheld by the brokerage firm.
Uhrm right, but we're talking about unrealised gains tax. Are you agreeing with me that there's nothing stopping the US collecting it from nonresidents, then?
That's no Asian male. That's a non-race coward. He didn't even press charges, let alone fight back. Yeah, boy, keep your head down, boy. Good boy. Now go back to your cubicle... boy.
Also once a fucking again.
Muh Sports Ball.
Fuck if I were that girl, I would hit him again.