A Quote by Wolfgang Schauble
I suggested that countries with tighter finances think about such a [fuel] tax. We don't have the time at the moment for months of discussion.
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I really like the idea of consumption tax, and most countries have a pretty serious consumption tax. It's called a value-added tax or a goods and services tax ... It's a sales tax. It doesn't tax labor, it doesn't tax savings or investment - it taxes consumption.
I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation.
I think you can't have this discussion and you can't have a discussion about feminism and the consciousness of the world without having a discussion about what has happened to men lately. They're holding the other side of the bag.
I think a great starting point for a debate and discussion over a national consumption tax is, let's start with the Fair Tax, legislation that has been written up and, I think, signed up on by 80 congressmen and women.
It isn't only rich countries that suffer from the effects of tax havens. Developing countries also lose billions of dollars in tax revenues due each year because wealthy individuals and some companies use tax havens to move assets and income offshore.
African countries lose the most from tax dodging. African governments must, therefore, do more to push for a full reform of the global tax system and demand action from countries, such as the U.K., whose financial centres sit at the heart of the global network of tax havens.
Why do tax havens exist? Because rich countries allow them to. If the U.S. came down on tax havens in the same way they come down on countries that trade with Iran and Cuba, we'd have no tax havens in the world.
What's going on in Syria is the worst humanitarian crisis since World War II. And we are punishing those who are suffering most in this circumstance, in this condition. We vet refugees from Syria for a period of 18 to 24 months before they're allowed to come to the United States. And, you know, if you will permit me, I think we know more about them by the time they get here than we know about the president's finances.
Supplying fuel for a Mars expedition from the lunar surface is often suggested, but it's hard to make it pay off - Moon bases are expensive, and just buying more rockets to launch fuel from Earth is relatively cheap.
Led Zeppelin was a band that would change things around substantially each time it played... We were becoming tighter and tighter, to the point of telepathy.
If the tax loop holes that allow tax avoidance were shut down, it would go some way to sorting out our finances, would it not?
I think this is really a defining moment for the Arab world. The problem is, it is all going to be about blood, sweat and tears. In certain countries it may be just sweat, and in some countries sweat and tears, and in some countries, as you can see, a lot of blood. I think initial instability is something that we are all extremely nervous of.
We never tell countries that they should have a particular number in terms of a tax number, you know, if countries can make do with whatever average tax they have. The question is, do they apply it to everybody? Or do they give sweetheart deals to some companies?
I actually think the border tax - the concept of border tax is more of a trade issue than it is a - so when we talk about income coming in, I believe border tax in its form, if we use that, reciprocal tax is a tax that I really love because basically nobody can fight it.
A lot of the time we think finances are immediately linked to experience, opportunities, image, and all sorts of important things that can progress us in life. Sometimes they're not. Finances can be completely irrelevant if you allow yourself to feel like things are going well.
I think, in effect, in most of the European countries, the total marginal tax rate is over 50 percent; that's to say, add on other taxes like VAT to the income tax.
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