Date: Apr 4th, 2013
Motion: THW have dividends doled out of private and holding companies taxfree for the duration of one year
Role: Rep. (opp.)
The Cause and Effect of Taxation
The government wants to give tax breaks to those who want quick cash as capital income from their holding companies and family-operated LLCs.
We have to remember that in this situation…. our duties are…. (pun intended)…. varied and multiple. We have to take care of our young, handicapped, retarded and old, while oiling at the same time the machine that takes care of these people and their needs.
Giving cheap money on the cheap to money-grabbers won’t help the system or the machine. No amount of tax-exempt money will benefit the needy, because they don’t — generally speaking — supply goods or services to the very rich. What a tax reform would amount to would be a pay-day for the piggy-bank-hoarding giga-rich and other well-off people.
Why is this so? It is like this, because at the present money is being shovelled onto and past the sidelines beyond taxation and consumption. This money, if it isn’t taxed at the source or en route of transfer, won’t be taxed in consumption either, because it is not consumed but stashed. None of this money will benefit anyone, save for the marginal banking fees some tiny-nation island banks collect, in return for stashing this money away.
Mechanization and globalization take care of two things:
a) Unemployment will rise and b) Those who are well off will do nothing to solve that problem. It is up to those who have fiscal or financial money to solve dilemmas that bear on employment. Fiscal money is money with a Conscience. Cheap dividends, to the contrary, mainly benefit the private purses or briefcases of individuals; and in some cases, institutions, when they act as stakeholders. That is money without a conscience.
What taxation in this country is alike is triple glazing. Namely, money is taxed a) when it being created, b) when it is being transferred and c) when it is being spent. Thanks to this triple-pane window principle, we have our Nordic socially oriented Welfare system that we would like to keep and maintain. What the Government tries to do is make the glazing thinner for those, who own property, shares, stock and the like (capital income) — but the problem is that a window is and should be — transparent. We don’t need dim, dirty, obscure windows. We need standard translucent windows as taxpayers and recipients and beneficiaries of the thankful effects of fiscal money. Even rich people benefit from tax money; they just don’t want to encourage others’ acknowledging that, as they want to make it understood that they are self-made and that they made their own Fortunes (in two senses of the word; ¹ fate and ² lucre), while in fact it was their family who made that fortune decades or centuries ago, with the help of a slew of other families.
Tax cuts to the mega-rich? No thanks. Medium taxation for everyone, or high taxation for everyone. That’s how fair, transparent money systems of merit and credit are built.
Arvio: Puhe tuntuu aluksi vähän lyhyeltä verrattuna joihinkin aikaisempiin puheisiini, mutta sen edetessä lauserytmi on niin ytimekästä, että täytelauseiden värkkääminen eteen tai taakse tuntuisi keinotekoiselta ja väkinäiseltä. Olkoon puhe siis tällainen, joka tiivistää vasemmistolaisen talouspolitiikan perushengen. Ainakin mielipide tulee selväksi.