Muchos "libertarios" en mi TL diciendo idioteces sobre impuestos y sobre Irlanda. Vamos a aclarar algunas cosas básicas
1. Los impuestos no son un robo. La riqueza que tienen los "libertarios" depende de la existencia de un sistema que reconoce y defiende la propiedad y la libertad: policía, jueces, ejército. Sin ellos, somos bandas de monos robando y siendo robados
2. El valor de tu casa no lo debe a tu increíble trabajo y a tu inteligencia. Lo debe al ayuntamiento que ha construido una calle para llegar y la mantiene limpia y segura, a que otros ciudadanos han decidido vivir allí porque el país prospera.
3. Nada es gratis. Las cosas que necesitan nuestros países para prosperar, las calles seguras, el aire limpio, no se pueden generar por el mercado. Sin bienes públicos en sentido estricto, ni se puede excluir a nadie de su uso, ni se agotan cuando otros los usan.
4. Luego los impuestos son necesarios. El nivel, por supuesto, es debatible. Es notorio que a mí me parece que hay mucho desperdicio en las administraciones y que, en particular, sobra un nivel (diputaciones). Pero hacen falta. Y las leyes al respecto deben cumplirse
5. Si estamos de acuerdo en que son necesarios, debemos estar de acuerdo en que no podemos permitir que haya países que se dedican a desviar la recaudación fiscal de otros países hacia ellos para permitir que haya personas o empresas que evadan sus obligaciones
6. Por ejemplo: en Irlanda se paga si se tiene a los administradores de una empresa. En EEUU de paga si hay residencia fiscal. Moraleja: basemos la empresa en Irlanda,dejemos a los ejecutivos en EEUU, y no pagamos en ningún sitio
7. Escribo sobre este tipo de comportamientos en "El dilema de España", con ejemplos concretos y referencias. Ayer puse nuevos datos del economista que mejor conoce el tema que apuntan en la misma dirección
8. Los eslóganes chorras y mal informados, con apoyo de economistas que deberían saber de lo que hablan contribuyen poco al debate. No, Irlanda no tiene un enorme GDP. Irlanda usa el GNI porque su GDP es un sinsentido precisamente por esta razón en.m.wikipedia.org/wiki/Modified_…
9. Y no, no es "de Podemos" el pedir que personas y empresas cumplan sus obligaciones sin que haya países que les ayuden a evitarlo. Lo liberal es en el imperio de la ley "no taxation without representation", no "no taxation". Menores impuestos, pero no qué la gente haga trampas
Explicación de @EnriqueFeas del double Irish y demás ingeniería financiera. No, No consiste en tipos bajos. Consiste en múltiples falsedades contables permitidas por esos paraísos para evadir la imposición. Vía @frdelatorreamp.vozpopuli.com/opinion/parais…
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This Draghi piece is a quiet indictment on the @EUCommission's failrue on its core Treaty mandate: "establishing the internal market" & ensuring "free movement of goods, persons, services and capital."
A thread with the facts adn saying the quiet part out loud 1/
PRICES:
IMF shows EU internal barriers =
- 45% tariff on manufacturing,
- 110% on services.
As services become more important in the economy, barriers on service trade create an even bigger drag on growth.
The Italian SuperBonus: How a badly designed fiscal "stimulus" ballooned to 6 times its budget to cost 12% of Italy's GDP, and what it tells us about the fiscal governance of Europe.
A thread on my Silicon Continent post.
(1/11)
In 2020, Italy launched a program to subsidize 110% of home renovation costs. The objective was to improve energy efficiency and stimulate an economy.
As any economists would have pointed out, the program creates perverse incentives: the homeowner and the builder share the incentive to make the biggest renovation possible.
Indeed @lucianocapone (hero of this story) wrote it the day it was approved 3/ ilfoglio.it/economia/2020/…
The Netherlands is Europe’s best-governed country. Unfortunately, it is paralyzed. Construction is freezing up, and Europe’s most valuable tech company (ASML) is threatening to leave. What happened should be a warning for every other EU member state. THREAD (1/11)
2/ The EU's Habitats Directive required protected nature areas with strict nitrogen thresholds. The Netherlands spread these areas out.
🧵While Brussels dreams up new billion-euro funds, businesses suffocate under red tape. Draghi's report maps our regulatory labyrinth, yet prescribes more debt as the cure. France now pays higher rates than Greece. Here's the story.
(From my Silicon Continent post today)
1/10
Over the last decade, we've witnessed an unprecedented debt explosion. Just energy crisis measures cost €651bn in 16 months.
Yet EU growth remains anemic. Our supposedly "neoliberal" era has paradoxically increased business regulations and constraints. siliconcontinent.com/p/focus-on-the…
The alternative can be seen in the countries forced to reform during the euro crisis. Greece, Ireland, Portugal, and Cyprus have outperformed the eurozone in growth and job creation for a decade. Not from debt - from structural reform.
1/10 Europe just got a brutal wake-up call about green energy math. When wind & sun disappeared in December, electricity prices shot up 20X. Our current plans for batteries and storage won't solve this for decades. Here's the real numbers 🧵
2/10 Case in point: December 2023's "dunkelflaute" in Europe. No wind, no sun. Result? Electricity prices spiked 20x in Norway, hit record highs in Netherlands, and led Spain's authorities to cut power to factories 🌑
Link to the post by @pietergaricano
3/10 People confuse power (GW) with energy (GWh). A 1GW battery might sound as good as a 1GW nuclear plant. But batteries run for hours, nuclear runs forever. During a 4-day "dark doldrums," that nuclear plant makes 96GWh - while your battery is long dead.
The ECB is handicapping its digital euro project (strict holding limits, no interest payments, and mandatory bank account links) in order to protect the current broken, inefficient, subsidized banking system.
Do we need banks?
My post today in Silicon Continent
🧵
The ECB wants to give Europeans direct central bank accounts for payments. Their goal? Compete with Bitcoin and lower transaction costs by cutting out Visa/Mastercard fees. Sounds great... until you see the restrictions.
2/10 siliconcontinent.com/p/do-we-need-b…
They impose these restrictions to avoid financial instability (warning: usually this expression means a banker wants to pick your pocket).
Why protect banks when they're becoming obsolete? Non-bank players now handle mortgages, payments, corporate credit, etc.
3/10