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<blockquote data-quote="Bhanoob" data-source="post: 30139959" data-attributes="member: 579780"><p>Everyone is so triggered. I'm happy to share my rationale but it revolves around the premise:</p><p></p><p>1. Sri Lanka requires a smaller public sector, it is funded by the private sector.</p><p>2. We need to build easier ways to do business to allow the private sector to flourish. </p><p>3. We have strong direct taxes (VAT) because we have a weak tax net. (Rich people should pay more in taxes). I don't beleive you can improve tax policy without a wider net. Otherwise you tend to risk tilt the laffer curve </p><p><a href="https://www.investopedia.com/articles/08/laffer-curve.asp" target="_blank">https://www.investopedia.com/articles/08/laffer-curve.asp</a></p><p>4. Corruption is rampant, but it's not limited to politicians. It's business and people that pay off the traffic cop on a fine. The only true solution is digitization & demonetization. </p><p>If AKD can do these things, then wonderful. I'd love to be proven wrong. I've decided to live in this country despite my ability to comfortably live anywhere else in the world - I want it to do better. </p><p>I don't believe socialist leanings can get us out of the mess we are. Remember, there's an equal liklihood for those that say they'll rid of corruption to increase it, you can't insure against that outcome. </p><p></p><p></p><p>The vote for me is based on probabilities - I am not a fortune teller and you don't have to agree.</p><p></p><p>[MEDIA=twitter]1834577481917137017[/MEDIA]</p></blockquote><p></p>
[QUOTE="Bhanoob, post: 30139959, member: 579780"] Everyone is so triggered. I'm happy to share my rationale but it revolves around the premise: 1. Sri Lanka requires a smaller public sector, it is funded by the private sector. 2. We need to build easier ways to do business to allow the private sector to flourish. 3. We have strong direct taxes (VAT) because we have a weak tax net. (Rich people should pay more in taxes). I don't beleive you can improve tax policy without a wider net. Otherwise you tend to risk tilt the laffer curve [URL]https://www.investopedia.com/articles/08/laffer-curve.asp[/URL] 4. Corruption is rampant, but it's not limited to politicians. It's business and people that pay off the traffic cop on a fine. The only true solution is digitization & demonetization. If AKD can do these things, then wonderful. I'd love to be proven wrong. I've decided to live in this country despite my ability to comfortably live anywhere else in the world - I want it to do better. I don't believe socialist leanings can get us out of the mess we are. Remember, there's an equal liklihood for those that say they'll rid of corruption to increase it, you can't insure against that outcome. The vote for me is based on probabilities - I am not a fortune teller and you don't have to agree. [MEDIA=twitter]1834577481917137017[/MEDIA] [/QUOTE]
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