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moondoong

47,325 Posts.

14/02/18

22:23

Post #: 31062091
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Originally posted by poyndexter ↑

Lapdog

Low taxation for jobs creation is probably a decent strategy ... think Ireland.

No taxation for significant jobs creation may still be worthwhile.

At zero corporate tax revenue, governments still get PAYG revenue, GST revenue, Payroll Tax revenue, import duties revenue, land tax revenue, sales tax revenue AND for every unemployed that gets a long term job, governments probably save $50k in welfare expenses.

Not saying I agree with zero or very low corporate tax, but an otherwise bouyant, revenue producing economy can still be an outcome.

An extra 300,000 jobs at say $50k and 300,000 coming of welfare at say $50k is a $30 billion turnaround ... that produces something like a net $18 billion turnaround for governments annually.

Dex

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If my payg rate was zero i could employ a pleb to mow my lawn and wash my clothes etc.
Unemployment would be eliminated.

The argument or point you'r trying to make is rubbish.
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