While some of Zucman’s proposals seem plausible, and certainly the tax evasion of individuals carries comparatively fewer positive externalities, at the end of the day he only attributes $200bn to the amount of missing tax - for reference, this is less than the GDP of New Zealand or the operating budget of the NHS in the UK. While it may…
While some of Zucman’s proposals seem plausible, and certainly the tax evasion of individuals carries comparatively fewer positive externalities, at the end of the day he only attributes $200bn to the amount of missing tax - for reference, this is less than the GDP of New Zealand or the operating budget of the NHS in the UK. While it may be helpful, you are not going to change the world with that. Furthermore, at least in the stuff of his I read, he offers no account of the positive externalities of corporation tax avoidance - this for example is massively beneficial to the economy of Ireland, and it is dubious that the possibility of recouping a relatively small amount of tax income is worth destroying a viable engine for growth.
As far as I’m aware, he says nothing on either of the other points, so I’m not sure how this is supposed to refute what I say.
While some of Zucman’s proposals seem plausible, and certainly the tax evasion of individuals carries comparatively fewer positive externalities, at the end of the day he only attributes $200bn to the amount of missing tax - for reference, this is less than the GDP of New Zealand or the operating budget of the NHS in the UK. While it may be helpful, you are not going to change the world with that. Furthermore, at least in the stuff of his I read, he offers no account of the positive externalities of corporation tax avoidance - this for example is massively beneficial to the economy of Ireland, and it is dubious that the possibility of recouping a relatively small amount of tax income is worth destroying a viable engine for growth.
As far as I’m aware, he says nothing on either of the other points, so I’m not sure how this is supposed to refute what I say.