Because Lewis gets paid by Mercedes, he doesn't get paid by the race promoter in whichever country he races in for finishing in whatever place. You'll note that he's the only driver saying that he pays taxes in 20 countries...My point is why can't he be honest about it? Just say you live in MC for tax and privacy. All others say the same. Don't lie about the fake tax bill in 20 countries. Jarno lived in Switzerland I believe. Sainz lives in UK which for non-doms is a tax haven, which Sainz is. Lando doesn't earn enough yet so I'm sure by the time his next deal starts he'll be moving to Monaco. +1 Nothing illegal about minimizing your tax bill and if you want to pay even less and move to a tax friendly country....go right ahead, why not? 50% is absolutely ludicrous, there should be a sane flat rate cap.
His name appeared in panama papers & the VAT reclaim from his jet (3.3 million), he got asked for comments.
Well, that is the thing when you become really wealthy- you can pay people to figure out how to keep from paying tax and make more money...I would do it, and I would think you and most here on the board would do it... I whish I had that level of a problem.
Absolutely. I use every legal loophole I can find. They're there for just that reason. Resentment can be, and is for many, a very damaging emotion.
I wish, personally, that we had a flat tax. The idea that the two percenters, (the guys making 90 percent of the wealth) are able to (pay people to) find ways to avoid paying taxes, meanwhile I'm back here paying half (or more) of my income to one tax or another, just chaps me. But until that happens.... yes, I understand seeking loopholes to the best of one's ability. But it still pisses me off. Edit: lest this be misunderstood as "resentment" or "jealousy" I assume we're all smart enough to agree that taxes are, in fact, necessary to meet social and societal needs (though we may disagree what all of those needs may be).
That's why I stated that resentment can be damaging to one's self. It's a very negative thing which is no good for anyone. Have you ever considered that the shelters that one finds provide income for others? There's far more to economics than what does, or does not, piss off a resenter. Ever 'thought that the last jobless, homeless person you saw might think the same of you? I'm not in the "fortunates" bracket either, but I understand how freeing up some money to the private sector is more positive than turning it over to our ever so "thrifty" taxman/govts.... I save what I can (like many other intelligent "peons") which in turn is invested in companies that are creating thousands and millions of opportunities for people.
Technically on your last part no. Any country that has the printer for its own currency doesn't need taxes to "pay" for anything. Taxes serve as money supply/inflation control for that instance and they can pay for whatever by printing. Now governments that don't have a printer for currency (in the US that would be a State government, not Federal government) do rely on tax revenue to provide services.
What is done to minimize taxes under a given set of tax laws is economic and OK for discussion. What is fair or unfair about tax laws for one demographic of citizens versus another demographic of citizens is political and not OK in this section.
Yin, you must admit it becomes a bit confusing to us what we can and what we can't say! No one was blatantly discussing politics! If that was the case, i would agree with the ban, the way it was, i think we would all be better served if you had simply warned them. Thre are times when people clearly cross the line, and know they are doing it, hnece they should be punished with a ban, in this case i think it's clear it wasn't on purpose. A white and black flag instead of just black can be a lot more usefull and more just at times imo.
We don't give repetitive warnings nor do we try to track individually who's been given a warning and who hasn't. It's been long established that a driver's beliefs or positions about racial matters is considered politics and not an allowed topic for discussion in the F1 forum, so bans were warranted based on prior warnings and bans (which also serve as notice to others). In the case of tax fairness, this is not something that has been dicussed to my recollection in F1, so a warning as to where the line is was a little more appropriate, but still primarily a courtesy. You're subscribed. If you have something to say about Hamilton's beliefs on political content, post them in the P&R forum.
Only if you go to the bother of renormalizing the stats; and even here is is much more difficult than many estimate. Comparing points from the era a {9,6,4,3,2,1} with {25,18,15,12,...} needs a lot of careful math to end up with a correct conclusion. Comparing wins from an era of 8-races per year with one from 21-races per year is similarly fraught with difficulty. Comparing the ability to drive at the edge of control across an era when max lateral acceleration was 0.9 Gs with those of 4.5 Gs is simply not doable--it requires different kinds of driving abilities.
Just my point....I have nothing, nor do I wish, to say about Lewis' political beliefs, nor my own. I thought we were discussing his avoiding taxes as best as possible and paying taxes where he traveled, like the rest of us trying to hang on to our money. Whatever.
How a driver or team wants to handle their taxes has nothing to do with Formula 1. Politics has both a social and an economic aspect. The question of what crosses the line admittedly is more of an art than science, like porn - you know it when you see it. That said, here are some okay examples. I hate LH because he complains too much about the track/car/team/driver X (okay) LH sucks because he didn't work as hard as drives in the past (fine) I think LH stinks because he's just lucky (no problem with that) Here are some NOT okay examples. Lewis Hamilton should shut up about Black Lives Matter (sigh) Lewis Hamilton is hypocritical about the environment (we have a forum for that) In this F1 forum, assume like what you post would be broadcast on Sky Sports, extend civility to fellow posters and keep P&R out of it like many of you seem to want your detractors to do. If you can't control yourself and want to post about P&R, you're not only welcome to do it, but encouraged to do so in the...P&R FORUM.
I must say a very good rebuttal. I'm a Ferrari fan, and I hate that Lewis Hamilton is stealing our lunch, that said - I don't hate him as a person, for example, if he invited me to party - I would show up early.
