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Home » Discuss » Topic Forums » Economy Donate to DU
German-Lefty Donating Member (568 posts) Send PM | Profile | Ignore Tue Mar-30-04 05:22 AM
Response to Original message
1. Some Ideas
I believe we have not right to tell the Caymans what banking laws they have to use. We should respect the sovereignty of other nations. This leaves us with the question what can we do within our nation, or within a group of willing nations?

* We could tax all dividends at a company and then refund the taxes to stockholders that prove they pay other taxes here to make this progressive.

* We could tax corporate assets, based on the stock value of the company. My capital tax proposal:

* We could break up multinational companies into national pieces.

* We could tax corporate transactions with companies which operate outside the western tax and accounting system or not allow a company to list expenses that involve such companies.

I don't want to propose we adopt each of these draconian measures. I'm just saying "hey, we have options".
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