Consumption tax is the just tax system for globalization.

applause

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

So 2009 money, that's worth 1.

And you could guess what the next line is going to be, given that this says pre tax.

To compound the amount of money we invest we multiply the amount we invest times 1 plus the yield.

It's going to be taxes.

So let's see.

Did you pay the taxes?

Tax records.

I thought we had discussed a cash discount.

It has become a requirement for EU membership.

The probability of reaching S prime given that we started state S and apply action A.

We give a 10 discount for cash.

Will you give any discount if I pay in cash?

Discount rate

Now what can we do ?

Low taxes, land of opportunity.

No taxes, no social security, No credit card bills, no previous address.

Your tax dollars at work.

I've got to pay taxes now?

I want to see who are the creditors of the group who have been repaid?

The point I'm making is that it is a crime.

And the idea is, what is in the hands of households after paying their taxes disposable income.

But interest on a mortgage is tax deductible.

It starts off with much smaller differences in earnings before tax.

Easy!

And then, let's just say they're in the Caribbean and they don't have to pay taxes.

And also you can deduct, actually, the property tax.

Once you subtract that out, then you actually have your pre tax income, and if we assume that we have to pay taxes, this is how much we pay in taxes, and this is actually the net income that goes to the owners of the company.

This is where they pay the taxes, right?

Taxation is based on income.

And of course the difference is the money that he had to spend on tax.

Rooms are 29.99 plus tax. Comes to 34.50.

Something, so you want more?

60 off.

All the parts of the document in red are not intelligible.

A basic income becomes the tax allowance in a VAT based system, a form of tax return for basic needs.

So this is the assumption that you get in on that.

And this I can tell you about where President Obama would take America

And what tax deductible means, is that this amount of money that I spend on interest on my mortgage,

Golden Mean

Golden sections

DivineProportion

I have to pay taxes on my property.