Disclaimer and Privacy Policy

Monday, May 19, 2025

Royalties but taxed (this can solve a lot of current problems!) v.02b

In order to improve tax compliance, widespread tax compliance, the country could implement royalties obligations for all revenues from all companies or all income. So all revenues should budget such amounts of royalties to some contributors which they would decide on their own. Upon these obligations, royalty taxes would be paid. So yes, the tax would be a very small percentages but because it is a widespread thing, almost all would participate. 

I personally would pay royalties in turn, so probably different people would receive the royalties everytime, but they had to be directly related to the revenue (the contribution had to be directly contributing to the revenue). 

For example restaurant income might want to recognize the recipe creators, or the pseudo recipe creators, or maybe the developed taste of the market (the first Indonesian restaurant / pioneer for example), or maybe the health workers who healed the infectious disease of the season, etc. 

Because there are a lot of contributions but there's not enough time and money and also attention to attribute, if we could do it turn-based at least there would be progress, not hopelessness, plus there would be tax involved so that those who competed without paying tax would not have too much edge against those who do pay tax. Your firefighters, police, the army, the cleaners etc, need meritocracy as well. 

------------------

In the case of existing royalties or main intellectual properties this is not intended to replace that, so if those had been allocated this "tax" would take an after portions. I know I've said from revenue but what I mean by that is an after gross thing, not before gross.

No comments:

Post a Comment

Why innovation is scarce v.02

 Lets start by looking at the economy, people solve each other's problems and with money they remember each others' deeds. The world...