You just have to carry the lines over.

Taxation is based on income.

Very prudent.

The government will tax your income.

But that's a pretty good proxy.

We pay an income tax at varying rates according to the size of income.

Those who can afford it, can reduce their income before it is taxed so that an income tax becomes ineffective.

But is this really about work? or about tax revenues?

Now, I was paid in dollars as a consultant, and I looked at my income tax return and tried to ask myself

Your filthy drug money has been transformed into nice, clean, taxable income, brought to you by a savvy investment in a thriving business.

They defer the payments.

But either way I think you get the point.

Your income is about twice as large as mine is.

So basically Republicans who make more than 250,000 dollars a year don't want to be taxed.

Oh, layoffs, payroll reduction. That sort of thing. Hmm.

The other 50 percent, he takes and he sells and he makes money on them.

Your income is about twice as large as mine.

The mayor thought that he should investigate the decline in tax revenues.

Labor done by humans and machines would now be taxed in the same way because taxes only fall due on the end product.

His income is larger than that of his wife.

There's very little money coming in at present.

In this case, an EBlT might be a little bit more informative.

He wanted to reduce the tax on imports.

And when you're a legal sub municipality, you suddenly have politics.

Rich people tend to have more possibilities of hiding parts of their income or avoiding taxes in various ways.

The weekly from your operations on the outside.

There are various things in here

Taxes consist of direct taxes and indirect ones.

He derives his income from writing books.

We have a surplus to sell in the market.

And then if you go to the income per person, or actually this is probably, well, this is income for tax filing.

But just so you know what EBlT is, EBlT is just Earnings

What's absurd about income tax is that it taxes services, which destroys its own foundation.

In this example that I did in the previous video, it was the pre tax return on asset.

And if the current price of a man's haircut did not change with these consumption taxes, then the tax revenue would increase significantly.

And that hasn't changed at all.

If I do not earn anything on top, I would still have 1000 Euros total income.

Tax officials are zeroing in on income tax evasion.

So much for the border.

We're being audited by the tax authorities.

My total income is far short of 300,000 yen a month, inclusive of extra earnings.

With 10 kilograms of input, you can get either one or nine kg. of output.

Attempted to buy off several customs officials in France last year. Got away.

It allows for more division of labor and is competitively neutral.

And as we get our cars more fuel efficient, that's going to be reducing the amount of revenue that you get off of those gas taxes, so we need to charge people by the mile that they drive.