Its All in the Price: A Business Solution to the Economy
()
About this ebook
why income tax must go;
how to reduce production costs;
the need to get everyone into work;
how to create jobs;
how the poor pay the taxes of the rich;
what life should be like;
a solution to the EU crisis.
Envisage a system of government in which the people in the community will enjoy the
following:
free health for the family;
free education for the children;
a good standard of living;
no fears of recession;
a low rate of infl ation;
an adequate pension at the end of the day;
no personal taxes;
Utopia, for economic reasons, not political reasons.
Related to Its All in the Price
Related ebooks
Cambridge AS Level Economics 9708: 2024 Rating: 0 out of 5 stars0 ratingsEconomics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5Development Economics Rating: 0 out of 5 stars0 ratingsFree Money Rating: 5 out of 5 stars5/5Basic Income: A Short Guide Rating: 0 out of 5 stars0 ratingsRethinking Globalization Rating: 0 out of 5 stars0 ratingsPublic Good Economics: Mastering Public Good Economics, Navigating Prosperity for All Rating: 0 out of 5 stars0 ratingsTax Policy: Mastering Tax Policy, Navigating the Fiscal Maze for Financial Empowerment Rating: 0 out of 5 stars0 ratingsValue Added Tax: Mastering Value Added Tax, a Comprehensive Guide to Financial Literacy Rating: 0 out of 5 stars0 ratingsIndividual Empowerment: A Way to A Better Economy Rating: 0 out of 5 stars0 ratingsEconomic Welfare and Entrepreneurship Rating: 0 out of 5 stars0 ratingsEconomics for Young Minds: For Young Minds, #2 Rating: 0 out of 5 stars0 ratingsThe Economics of Inequality: A Call to Action for Politicians Rating: 0 out of 5 stars0 ratingsEnough: Why It's Time to Abolish the Super-Rich Rating: 0 out of 5 stars0 ratingsEconomics Rating: 0 out of 5 stars0 ratingsOwnership: Reinventing Companies, Capitalism, and Who Owns What Rating: 0 out of 5 stars0 ratingsCorporation 2020: Transforming Business for Tomorrow's World Rating: 0 out of 5 stars0 ratingsSocial Justice Without Socialism Rating: 3 out of 5 stars3/5A Just Economy in Times of Global Crisis Rating: 0 out of 5 stars0 ratingsEnding Poverty: How People, Businesses, Communities and Nations can Create Wealth from Ground - Upwards Rating: 0 out of 5 stars0 ratingsEnd Of The Road Rating: 0 out of 5 stars0 ratingsSurviving in a Buoyant Economy Rating: 0 out of 5 stars0 ratingsFrom Extraction to Creation: Towards a Stakeholder Economy Rating: 0 out of 5 stars0 ratingsCapitalists, Arise!: End Economic Inequality, Grow the Middle Class, Heal the Nation Rating: 5 out of 5 stars5/5Economy with Karma Rating: 0 out of 5 stars0 ratingsFinTech Revolution: Universal Inclusion in the New Financial Ecosystem Rating: 0 out of 5 stars0 ratingsPolítica Económica: Economy Rating: 0 out of 5 stars0 ratingsSummary Of "Corruption As A Tax For Poverty In Argentina" By Jorge Srur: UNIVERSITY SUMMARIES Rating: 0 out of 5 stars0 ratingsProgressive Capitalism: How to achieve economic growth, liberty and social justice Rating: 0 out of 5 stars0 ratingsGet South Africa Growing Rating: 0 out of 5 stars0 ratings
Taxation For You
Doing Your Own Taxes is as Easy as 1, 2, 3. Rating: 1 out of 5 stars1/5Taxes For Dummies: 2024 Edition Rating: 0 out of 5 stars0 ratingsThe Payroll Book: A Guide for Small Businesses and Startups Rating: 5 out of 5 stars5/5A Tax Deduction Guide for Small Business Rating: 5 out of 5 stars5/5Lower Your Taxes - BIG TIME! 2023-2024: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider Rating: 0 out of 5 stars0 ratingsTax Savvy for Small Business: A Complete Tax Strategy Guide Rating: 5 out of 5 stars5/5QuickBooks 2023 All-in-One For Dummies Rating: 0 out of 5 stars0 ratingsThe LLC and Corporation Start-Up Guide: Your Complete Guide to Launching the Right Business Rating: 5 out of 5 stars5/5Freedom from Tyranny Rating: 5 out of 5 stars5/5The Handy Accounting Answer Book Rating: 0 out of 5 stars0 ratingsQuickBooks Online For Dummies Rating: 0 out of 5 stars0 ratingsS Corporation ESOP Traps for the Unwary Rating: 0 out of 5 stars0 ratingsIncome Tax Law for Start-Up Businesses: An Overview of Business Entities and Income Tax Law Rating: 3 out of 5 stars3/5The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money Rating: 4 out of 5 stars4/5Taxes For Dummies: 2022 Edition Rating: 0 out of 5 stars0 ratingsTreasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens Rating: 4 out of 5 stars4/5Small Business Taxes For Dummies Rating: 5 out of 5 stars5/5Tax Preparation for Beginners: The Easy Way to Prepare, Reduce, and File Taxes Yourself Rating: 5 out of 5 stars5/5Taxes for Small Businesses QuickStart Guide: Understanding Taxes for Your Sole Proprietorship, StartUp & LLC Rating: 4 out of 5 stars4/5The Complete Tax Guide for Real Estate Investors: A Step-By-Step Plan to Limit Your Taxes Legally Rating: 0 out of 5 stars0 ratingsThe Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5Every Airbnb Host's Tax Guide Rating: 0 out of 5 stars0 ratingsMake Sure It's Deductible: Little-Known Tax Tips for Your Canadian Small Business, Fifth Edition Rating: 0 out of 5 stars0 ratingsBookkeeping: Step by Step Guide to Bookkeeping Principles & Basic Bookkeeping for Small Business Rating: 5 out of 5 stars5/5Streetwise Incorporating Your Business: From Legal Issues to Tax Concerns, All You Need to Establish and Protect Your Business Rating: 0 out of 5 stars0 ratingsHow to Pay Zero Taxes, 2020-2021: Your Guide to Every Tax Break the IRS Allows Rating: 0 out of 5 stars0 ratings
Reviews for Its All in the Price
0 ratings0 reviews
Book preview
Its All in the Price - Peter William Bailey
Copyright © 2012 by Peter William Bailey.
ISBN: Softcover 978-1-4771-2698-1
Ebook 978-1-4771-2699-8
All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the copyright owner.
To order additional copies of this book, contact:
Xlibris Corporation
0-800-644-6988
www.xlibrispublishing.co.uk
Orders@xlibrispublishing.co.uk
Contents
Foreword The Economists And Politicians Mainly Have It Wrong
Chapter 1 Defining An Economy
Chapter 2 Maximum Economic Efficiency
Chapter 3 Basics
Chapter 4 Control Is In The Hands Of The Government
Chapter 5 Taxes And Taxation
Chapter 6 Inflation
Chapter 7 Running A Country
Chapter 8 Ministry Of Business
Chapter 9 What Could Happen If We Do Not Change?
Chapter 10 Trade And Balance Of Payments
Chapter 11 Comment On The World At Large
Chapter 12 Politics
Chapter 13 The Possible Future of the Green Theme
304253-BAIL-layout.pdfFOREWORD
The economists and politicians
mainly have it wrong
No country in the world today appears to be well run, but then I don’t know about all the countries. Most seem to have economic problems of one kind or another, one of the biggest being unemployment. Advents over the years and present-day practices show me that no one seems to know fully what economy is about and, therefore, cannot run a country effectively.
From any number of the policies being followed, political beliefs and economic theories. this is not surprising.
Statements like belt-tightening and hardship to pull an economy round show a lack of understanding. It sounds correct, but the opposite position is far more logical and true. The economy will expand in boom conditions and not in recession.
The ability to pull out of times of recession is easy if you know how—very difficult otherwise—because the way out is the opposite way to which people believe they should go.
The hiking of interest rates by the governor of the central bank to fight inflation, induced by government tax increases, illustrates how wrong we have been. The opposite position is more often the correct one. The central bank should not interfere in the control of the economy anyway. The Ministry of Finance should be in control because only they control all the factors.
The tax systems, and particularly income tax, show how wrong they have been. When it can be appreciated that all tax is paid by the community from net pay at the till point, then, and only then, can we appreciate how bad income tax and other taxes are in the context of the economy.
The British Conservative Party’s belief that wealth trickles down to the poor is another opposite, and wealth flows up from the poor.
There is a fairly general acceptance that poverty and unemployment are a fact of life and here to stay. Nothing could be further from the truth. Maximum economic efficiency requires full employment.
The main problem is that whilst thousands of people have undergone training in economics and political science, there is still something missing, and hopefully, this is it. The earlier teachings were somewhat blinkered, applied to a different set of circumstances, and failed to recognise the alternative and often the opposite viewpoint.
An economy can and does operate only one way.
304253-BAIL-layout.pdfCHAPTER 1
The first part analyses and puts into perspective what should be involved in the running of a country. It requires that we understand what an economy is about and what it should achieve.
Defining an Economy
My definition is as follows:
A community of people working to supply their own needs and wants, who may be organised by leaders and entrepreneurs into organisations