fatslob-:O said:
Then why aren't authorities finding proof for massive money laundering ? Estimates put money laundering at 5% on a global scale at best ...
Why even have this discussion of money laundering if tax shelter's are legal as that was my original point ?
Companies do pay according to person. If your a senior employee you get paid more. If your education is related to high wage jobs you will get paid more.
Tne majority of the CEOs are hired INTERNALLY or in otherwords those employees rise up in ranks and in turn get paid more ...
#Itsthatsimple ...
The business world is largely meritocratic no matter what you say and those high wage jobs are in high demand so why not let citizens optimize their own wages by getting degrees or working experience that are worth a damn ?
Failure of collecting taxes ? The estimated GDP of Greece's shadow economy is 25% of it's own economy from 2002 to 2013 ? So if we tax 25% of that too Greece would get about 6% more in tax revenues on average ?

No matter how you slice it even if the government was 100% successful in getting all those uncollected taxes their still bad with budgeting ...
|
They already have found evidence that's what all the fines were about the investigation found them guilty.
Naive, the are many highly educated people who go to university only to end up stacking shelves, in retail and serving food in catering, most CEOs are actually part of a circle of aquaintainces and closely connected to those at the top. It's not what you know it's who you know, not everyone is promoted to senior in fact few people are despite being just as qualified otherwise businesses would have just as many of more senior management than staff but the company can't afford that. Those high wage jobs are in demand because they're limited.
What do you mean if we tax 25%? Go to any financial expert and try telling them Greece was 100% successful in collecting taxes you'd be laugh out as it's common knowledge go read up on why the countries lending Greece money were in the prolong debates with Greece, one of the central issues was the Greek government collecting money internally to pay them back as lenders didn't have confidence in them, they're nowhere near successful in doing so that's why Greece is classed as a peripheral country, you've essentially made up something with the if we do this and that to declare something else that is untrue.
Read up on the Greek Tax problem, in 2009 general evasion was estimated to be around 20 billion Euros while evasion by self employed was around 28 billion Euros, the latter is 31% of the budget deficit they had by itself, in other words that's a third of the excess money leaving the country to pay for expenses and with the former that's around 50% of the deficit for that year and that's only the start with a further 37 billion owed and 20 Billion kept in Swiss accounts, all of this is before we even get to off shore companies. Tax Evasion in 2012 was around 24% of the GDP.