June 29, 2022
On the Necessity of Taxing Great Fortunes and Great Businesses
About TGFB — 1, 2, 3
In the PSD-PNL-UDMR #CoalitionOfTreason there is much talk of a “rebalancing of the fiscal burden”. There is much talk, and shrill talk at that… and little is done. In fact, nothing at all!
Then let us do it ourselves!
For, YES, a “rebalancing of the fiscal burdens” is needed in Romania.
But let us do it properly, taking from where the money is, not once again from ordinary Romanians, who have always borne the cost of every crisis, of every disastrous government that has brought the country to the edge of the abyss.
That is why I bring into public discussion the necessity of THE TAXATION OF GREAT FORTUNES AND BUSINESSES according to a simple rule: 1, 2, 3!
THE TAXATION OF GREAT FORTUNES ought, in my view, to be done in successive (and cumulatively applied) tax thresholds:
- 1% per year of the total, cumulative value of movable and immovable assets held by a taxpayer exceeding 10 million Euros,
- 2% per year of the total, cumulative value of movable and immovable assets held by a taxpayer exceeding 100 million Euros, and
- 3% per year of the total, cumulative value of movable and immovable assets held by a taxpayer exceeding 1 billion Euros.
THE TAXATION OF GREAT BUSINESSES ought to be done in successive tax thresholds:
- 1% of turnover for companies with a turnover greater than 10 million Euros;
- 2% of turnover for companies with a turnover greater than 100 million Euros;
- 3% of turnover for companies with a turnover greater than 1 billion Euros.
I consider that, in order to overcome the present crisis, the shoulder must be put to the wheel above all by the few and fortunate, by those who have succeeded either through their own performance (all too few) or by speculating on the “windows of opportunity” offered by the weaknesses of the Romanian state these last 32 years — whether they be natural or legal persons.
To this taxation scheme there will be added the special tax for “taxpayers who carry on activities of extraction, refining or trading in petroleum products and their derivatives”, of which I spoke a few days ago.
Of course, the above proposal will take the form of a text of law written according to all the rigours of Law 24/2000 on the norms of legislative technique — a legislative proposal which I hope will also reach Parliament with the help of our friend, deputy Dumitru Coarnă!
#ToTheVeryEnd
#DeedsNotWords
#ForTheNation
#TheCoalitionForTheNation
Postscript: I await your views, proposals and opinions on the discussion Channel which we used also on the occasion of drafting the legislative proposal #TheSovereigntyLaw, at https://t.me/LegeaSuveranitatiiDiscutii
Postscript: I know, with this proposal I shall bring down on my head all the Securitate men and all the rich of the country and all the multinationals… again! But it is worth it!
For this people too deserves better!
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