“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
SW
Stuart Weems
Investopoly ·
Straight Talk with Mark Bouris · Economist Chris Joye WARNS: "We're Going Into Recession" And How We Fix It
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Shift tax mix: lower income and corporate taxes, raise GST from 10% to 15%
GST increase 5 percentage points
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
“We decided to lower VAT tax on fuel. We lowered excise tax on fuel. But we did it responsibly by introducing windfall tax on oil companies that right now generate really huge margins”
“If you discover you have a low-income year, you could do Roth conversions to take advantage of a lower tax bracket.”
“They give them a corporate tax break, you give them a property tax break, you give them an unemployment insurance tax break, and they're there for a year, they take it all and they leave.”
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