Comments on: The abyss and our last chance http://blogs.reuters.com/great-debate/2011/12/01/the-abyss-and-our-last-chance/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: oce75 http://blogs.reuters.com/great-debate/2011/12/01/the-abyss-and-our-last-chance/#comment-40128 Mon, 05 Dec 2011 09:00:21 +0000 http://blogs.reuters.com/great-debate/?p=11215#comment-40128 I think the way out of the crisis and out of the debt is easy.

LET´S STOP FINANCING F.E.:

– agricultural grants – let´s cut them to the half – or I see, there is France not willing to do that and start working properly,

– environmental issues – billions of euros so far and the result? China, India etc. producing even more, not caring about pollution – and we take there goods as it is of course cheaper then ours.

– minority issues – why do we spend so much money for minorities integration while these minorities are not even greatful to us for improving their lives? Let´s set the same rules for everyone and if someone doesnt want to respect them, let him-her deport immediately.

Let´s just be more selfish Europeans and give a stop pretending that we can save the world. If the rest of the world will not join us, our attempts will go in vain and our civilization will be killed – by ourselves.

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By: OneOfTheSheep http://blogs.reuters.com/great-debate/2011/12/01/the-abyss-and-our-last-chance/#comment-40077 Fri, 02 Dec 2011 19:47:30 +0000 http://blogs.reuters.com/great-debate/?p=11215#comment-40077 The world economy is evolving from industrial and political isolationism to information and labor globalization, a societal convulsion of no less magnitude than the industrial revolution. The process will create both “winners” and “human collateral damage”.

The “shift of the balance of world wealth toward new countries” is not new. It has been under way for a long time as producing countries cast an ever wider net for the natural and human resources of least cost. Third world economies enjoying these economic windfalls must understand that their effect will be transient…at best an opportunity to establish their economies as a supplier of something more sustainable that the world needs and will pay for.

In the scramble for economic survival ALL countries must identify, attack and eliminate the huge inefficiencies, the tax evasion, the waste, and the corruption. They must separate state needs from state wants.

In a time when available revenues will likely never again allow the prevalent “anything and everything” politics of the past, there will be pushing and shoving between competing interests. Elected officials will, for the first time, have to learn how to prioritize the budgetary process.

We live in “interesting times”. The ride may be wild, and those do not participate or are thrown off in the process may well not be able to get back on board.

There will be many choices. We must choose wisely.

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By: lgaborit http://blogs.reuters.com/great-debate/2011/12/01/the-abyss-and-our-last-chance/#comment-40071 Fri, 02 Dec 2011 16:23:57 +0000 http://blogs.reuters.com/great-debate/?p=11215#comment-40071 In countries where tax evasion is a national sport, it seems to me that the only way for governments to collect sufficient taxes is by taxing assets and consumption. In Italy, real estate tax seems essential and even though IVA may appear high, it’s the only efficient way to collect tax revenue while the populace tolerates (and promotes) the “shadow economy”. Time for Italians – and other southern Europeans – to pay their dues.

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By: robb1 http://blogs.reuters.com/great-debate/2011/12/01/the-abyss-and-our-last-chance/#comment-40036 Thu, 01 Dec 2011 21:37:34 +0000 http://blogs.reuters.com/great-debate/?p=11215#comment-40036 Here in the US-California we pay an average of 1% in property tax even on the primary residence.

In Italy, with rampant tax evasion, the government kept taxing labor and consumptions for decades, generating more evasion, clogging the ability to compete globally, but no or little taxes on real estate. It would be extremely easy to tax real estate, is there to be seen and cannot escape.

However I see an increase tax on consumption not so good to support the much needed growth. IVA (VAT) is already pretty bad.

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