This is utter bullshit. When Indonesia refused to grant the Israeli under 17 team visa’s for the 2023 U-20 World Cup, FIFA stripped Indonesia’s hosting rights and moved it to Argentina. So @FIFAcom can stop with the lies.
In Queensland, the fine for riding an e-bike without a helmet is now $518.
That’s more than the fine for driving 20kmh over the speed limit past a primary school (or anywhere else) - $483
@ideacasino@Timberwolf_1 If we saw tobacco purchases shifting to vapes, alcohol or other entertainments with increasing tobacco taxes, that would be a good argument for Laffer enthusiasts.
Buying the same product cheaper just because it's readily available cheaper is nothing to do with Laffer IMHO.
@ideacasino@Timberwolf_1 I think consumer purchasing power is fairly important in a discussion of behaviours due to taxation of consumer purchasing!
You could put a 100% tax on toilet paper and I probably wouldn't notice or, uh, give a shit.
@ideacasino@Timberwolf_1 You sure?
Laffer curve on smokes would predict loss of revenue because people can't afford them, but what actually happened is they just buy untaxed smokes because there is no enforcement.
Doesn't matter what your tax rate is if you don't block untaxed alternatives.
@JasonSpaceTime@TMFScottP@spenderallegra A PAYG employee cannot, but people receiving professional-services income often succeed in structuring, eg partner in a medical practice might place their capital share in a trust, and income accrues via the trust to be distributed to their children.
It's bullshit.