Comments by "Piccalilli Pit" (@piccalillipit9211) on "Coming GOP Plan to Kill Economy (w/ Professor Richard Wolff)" video.

Here in Bulgaria tax is 10% of EVERYTHING. Flat rate. Income tax 10%. Capital gains tax 10%. Director of a charity 10%. Gifts 10%. Company car 10%. You work part time at a shop on Sundays 10%. No deductions, no loopholes. Costs almost nothing to enforce or collect and you can't worm your way out of it. This is why OTHER forms of corruption are so high, cos the rich ALWAYS want to make more money and they cant do it on the tax system...
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@scottpreston5074 - Yeah. I mean our standard of living is nothing like Denmark. But its amazing what you can have on JUST 10% flat rate tax. I had to go to the hospital yesterday, its brand new and I get terrific care, no waiting time, back on Friday for a check up.
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Here in Bulgaria tax is 10% of EVERYTHING Income tax 10%. Capital gains tax 10%. Director of a charity 10%. Gifts 10%. Company car 10%. You work part time at a shop on Sundays 10%. No deductions, no loopholes. Costs almost nothing to enforce or collect and you can't worm your way out of it. This is why OTHER forms of corruption are so high, cos the rich ALWAYS want to make more money and they cant do it on the tax system...
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@markdouglas8073 - Im very good thank you! Well I am English so I have lived under an American style taxation system and the Bulgarian one and the Bulgarian works much better. The official rate on income tax int he UK is kinda 22% to 45% something like that, and their services are not as good as here. The rich are really paying 1% to 3% and it costs SO MUCH to administer it, all fo which could be paying for things for the people.
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