Comments by "Andrew Sainsbury" (@andyinsuffolk) on "The 5 million companies in the UK require a company law enforcement agency and we haven't got one" video.

If they employ people and sell stuff it's irrelevent where they HQ, they will be funding PAYE,NI and VAT. Business taxes are a mechanism that politicians use to corrupt democracy. 'Vote for us and we'll make the othey guy pay' - where as in reality you have already paid in reduced wages, dividends or increased living costs.
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I respect your cyncism - but the answer to both is the same - profit. Have Highway 'marshals' handing out fines or confiscating bicycles funded by penalties. If you think about it for more than 60 secs almost all enforcement can be a profit centre; rather than a drain on everyone else. The public sector would resist the most.
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Interesting perspective - I may be learning something new. BUT there's no reason to load reputable law abiding businesses with the costs of supporting criminality and bad practice. Give the enforcement agency powers to recover their running costs from the fines & penalties which should be shared with registered company officers in the case of rule-breaking. There's no logical reason that limited liability should be respected if the rules have been purposefully disregarded. The agency would then expand to address the size of the problem - it could even be a profit centre.
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Business taxation is a democracy swizz. Why would non-human entities without a vote be funding community expenses; when that same wealth left untouched would almost certainly create more tax revenue from voters? ANSWER:: Because politicians wish to disguise their corruption by claiming that someone else is paying the bills.
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@paulgibbons2320 - if it's trousered it's going to a voting tax-payer (prob in the same area) who at the moment would most likely be taxed at a higher rate than the company. If it stays in the company at worse it will be invested externally and fund another business or consumption by a consumer - the forgone tax monies will not evaporate they will most likely be used better than the state. Business taxes are pointless and undemocratic. Just the savings on no longer requiring corporate tax accounting would release vast investment possibilities.
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@paulgibbons2320 - All Tax complexity is undemocratic (ISAs etc). But at least voters are potentially free to benefit from personal tax rules and can decide for themselves whether to be a fat share holder. If we dump all the political ideology and relentlessly pursue democracy & freedom the increase in wealth will make everyone a shareholder as they won't know what to do with their surplus resources 🙂
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@paulgibbons2320 - the better examples like Switzerland and the Scandis seem to indicate otherwise, and they are only a fraction of the way further along the path to freedom & democracy. Real Democracy does not permit inequality of treatment by the state - this is the methodology of political & ideological factions. Without mickey mouse currency 'voting' for more state borrowing would result in tax increases immediately for all - so the constitution would probably mostly exclude the practice. Freedom & Democracy is the answer to almost everything that politicians want us to think about know - Once we are closer humanity can begin to consider the important stuff - Not just who has the biggest charisma and should rule as absolute king.
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@paulgibbons2320 - Yes indeed - that's what's so appealing about Russia. Seriously though - natural resources can be a curse or blessing it's a much discussed area in economic theory. Not sure where you're going with that argument. In history the the big advantage seems to be a culturally postive attitude to freedom -- democracy is just the (slow) implementation of that philosophy into politics. The factions, authoritarians and aristocrats obviously hate being side-lined which is how we still have Westminster tyranny. There are few examples in history where (really) shifting real power from the few to the many doesn't benefit all - there are no leaders who can out-think the millions - which is also why free-market exchange is so efficient. Although there are peoples who cannot get their head around the idea of their own freedom -- which might just be educational or religious forces (?) but that's not the case in the UK - unless we allow our masters to re-engineer the whole population.
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