I love how you practically need a college degree to work at McDonalds these days, yet our Finance Minister is a fucking liberal arts major with a focus on russian history and literature and only job experience prior to this is as a fucking journalist doing copy work.
That's just the difference between getting an arts degree as someone who is working class, and getting an arts degree as a member of our shockingly hereditary political class.
Freeland is elite, she isn't Trudeau-elite but she's a 3rd generation politician from a prominent political family. Her degree doesn't matter, the important thing for her was "activism."
Blood is everything when it comes to our federal parties,
It will probably be negative interest rates because that would hurt the middle classes the most. People who are not necessarily broke, but have moderate cash savings for their kids education and such.
Argentina can't enforce tax laws on people living and earning in a different country.
The US does the same. If you're a US citizen and you live and work in a different country than the US, the US IRS will still tax your income (if you make above a certain amount, $150k or something).
True, but since most of these millionaires who are going to be taxed have businesses in Argentina, they won't move. There will be a handful that will flee Argentina, but the vast majority will pay up.
They're not talking about a tax on savings, "pre-loaded stimulus" is the new buzzword to explain overly optimistic economic projections, by assuming people will spend anything they saved over the pandemic.
I love how you practically need a college degree to work at McDonalds these days, yet our Finance Minister is a fucking liberal arts major with a focus on russian history and literature and only job experience prior to this is as a fucking journalist doing copy work.
This woke bitch was our trade minister previously and wore a fuck Trump t-shirt when she went to negotiate a new nasty deal.
That's just the difference between getting an arts degree as someone who is working class, and getting an arts degree as a member of our shockingly hereditary political class.
Freeland is elite, she isn't Trudeau-elite but she's a 3rd generation politician from a prominent political family. Her degree doesn't matter, the important thing for her was "activism."
Blood is everything when it comes to our federal parties,
It will probably be negative interest rates because that would hurt the middle classes the most. People who are not necessarily broke, but have moderate cash savings for their kids education and such.
Trump played with the same idea.
https://www.reuters.com/article/us-usa-fed-trump-rates-idUSKBN22P38I
The Federal Reserve isn't a government institution, but good try.
You think the President tells the Fed what to do?
It's quite the opposite. Derp indeed.
So basically this will come to Canada:
https://www.bbc.com/news/world-latin-america-55199058
Suddenly all the rich cash out and move to the Bahamas
Doesn't matter. Argentina's plan is also to tax your assets overseas.
The US does the same. If you're a US citizen and you live and work in a different country than the US, the US IRS will still tax your income (if you make above a certain amount, $150k or something).
https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-about-international-individual-tax-matters
Furthermore, these rich people that are now taxed have probably businesses in Argentina. Not as easy to move these.
True, but since most of these millionaires who are going to be taxed have businesses in Argentina, they won't move. There will be a handful that will flee Argentina, but the vast majority will pay up.
They're not talking about a tax on savings, "pre-loaded stimulus" is the new buzzword to explain overly optimistic economic projections, by assuming people will spend anything they saved over the pandemic.
No.