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Nothing For Us by tarazkp

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· @tarazkp ·
$32.88
Nothing For Us
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The Finnish government is planning on reducing corporate tax by two to three percent, which I guess is a reward for making record profits by reducing headcount and increasing unemployment to 9.4 percent. And these corporate tax cuts are coming after they increased consumer taxes, and as they increase various other taxes on consumers, and reduce services like healthcare and education. As I have said before, while it might not have been the initial intention, the economy isn't designed to benefit humanity, it is built to make profits for a few individuals, at the expense of many. If the governments really wanted to improve their balance sheets, they would be ensuring that international companies paid their taxes where they earned the revenue. But it seems - 

>This is a no-go zone.

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23xVCtobyp4szTkUj64A6KpozwtQ8jJwBN4qs7DvpwwrFWC68UH57qDQSxTmYQgYLJpvc.png)

Government economics isn't made for the globalised economy, as national economics is designed to control the flow of money within the borders, but the corporations do most of their trade out of the reach of governments. And this is especially true for the digital corporations, as they are able to earn from countries, without even having to register in the country in many cases. And when they do - they do their taxes elsewhere anyway. 

If they really wanted to make impacts in the country through tax reductions, it would be on salaried incomes so that people could afford to buy again. Instead, they are doing things that will just increase the wealth gap further, and make any recovery even longer. When will economists learn that the economy doesn't work if no one has any money to spend? Increasing profits for corporations that aren't increasing the headcount of salaried workers is counterproductive for any robust economic improvement, and definitely for any improved social environment. 

> But who cares about quality of life anyway....

The governments have a chance to improve the global consumer disparity by empowering consumer spending whilst the Trump government is messing around with tariffs. Essentially, they can use the tariff drive to encourage domestic spending and the widening of non-US markets, by lowering consumer and salary taxes on non-US goods and services, and give incentive to spend. This will make RoW business more attractive and make them more money, so that rather than lowering corporate tax, they can use that tax to spur consumer demand again. This will see more investment locally and in RoW companies, taking investment capital away from US companies as they struggle with tariffs and being forced to pay taxes in the countries they earn the revenue - and more startups, and more market share ensues for RoW business.

But, rather than using the opportunity to make life better for  more people, they are instead going to look to make quick profits for where they are already invested. They are going to punish people, and further reduce their ability to consume, and increase all kinds of economic related challenges - while rewarding companies for increasing profits through reducing labour costs.

> Good governing.
<sub>(said with a healthy dose of sarcasm)</sub>

But of course, "governing" hasn't been about improving the outcomes of the people governed for a long time - it is just about lining pockets and feeding egos. It is so the people who make the rules can try to ensure that their legacy benefits people like them, the wealthy, the powerful - so that they can rub shoulders and then use those relationships in the future to line pockets further. It is just a circlejerk of the wealthy, pretending that they care about others than themselves. 

It is a shame, because right now there is a chance to improve the economy so that it is better for more people, and wealth starts to distribute wider. Instead, all around the world there seems to be a concerted drive to consolidate wealth further, putting more of it in the hands of the few, and forcing the rest to keep cutting back on quality of life decisions, just to survive a day, a week, a month or maybe even a year more.

> Survival is not indicative of a good life.

It is like the governments of the world are pushing developing nations backward and into the third world. Life keeps getting harder for more and more people, violence is increasing, mental health issues are increasing, physical health is declining, and wellbeing is falling like a rock.

And the warlords have control.

Taraz
[ Gen1: Hive ]


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@bozz ·
$0.23
It's definitely sad that greed has become so normal that it stands in the way of progress and growth.  I guess it has always been that way to some degree, but it seems to be multiplying as we move forward.
👍  
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@tarazkp ·
$0.03
I am not sure what can be done about it. It seems to be part of the human condition. Maybe only when we have nothing again, will we learn the lesson. 
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@bozz ·
Perhaps...
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@hivebuzz ·
Congratulations @tarazkp! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/https://hivebuzz.me/@tarazkp/payout.png?202504221824"></td><td>You received more than 354000 HP as payout for your posts, comments and curation.<br>Your next payout target is 356000 HP.<br><sub>The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD</sub></td></tr>
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<sub>_You can view your badges on [your board](https://hivebuzz.me/@tarazkp) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
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@omojuwa007 ·
$0.18
It's true and i believe that the current system prioritizes the wealthy and powerful, neglecting the needs of the majority and that's what is happening in my country currently.  We need to demand policies that focus on improving the lives of everyone and not just a select few.  
  
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@tarazkp ·
>We need to demand policies

Or ignore all policies. 
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@ppaddyy ·
$0.19
I feel it's time for a radical rethink of economic policy.  The current system is rigged in favor of the wealthy, and you perfectly highlighted the devastating consequences.  We need systemic change, not just tweaks around the edges.  
    
    
  
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@tarazkp ·
> We need systemic change, not just tweaks around the edges.

Scrap it all and start again. 
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@redditposh ·
$6.40
https://www.reddit.com/r/Economics/comments/1k674z7/nothing_for_us_profits_over_people_the_global/
<sub> The rewards earned on this comment will go directly to the people( @flummi97 ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.</sub>
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@ryivhnn ·
$0.85
I guess they are still desperately deluding themselves that trickle down economics ever worked at any point.
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@tarazkp ·
The only trickle is when it is running down their legs when they are too old to hold. 
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@tht ·
$0.22
There is a difference between people in terms of his assets, and if there is a conscious way, there is a difference between countries. People in some countries have to live in bad conditions throughout their lives.
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@tarazkp ·
> People in some countries have to live in bad conditions throughout their lives.

And it seems the developed countries are pushing for most citizens to live in bad conditions again - like a return to the dark ages. 
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@videoaddiction ·
$0.22
Our salary is piece of cake for them as tax is cut before we are paid. Despite the hyperinflation, the tax rates were not updated, thus we work for inflation here.
👍  
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@tarazkp ·
And while the corporations have made bank on the inflation, and shrinking their offerings - we get double punched in the balls. 
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