Dubai - What Dubai Teaches the World About Taxes
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Dubai went from a city no one knew to the city where the world expo will be held at in 2020. Take The Ultimate Self-Discovery Questionnaire at http://www.patrickbetdavid.com
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It's easy not to need taxes as a country if you are allowed to kick out everybody that is unemployed for more than 3 months. Every country can be rich if it can get rid of needy people just like Dubai does. Every normal country needs to take care of its ppor people, Dubai just exploits them or kicks them out
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in india 90% student learned Commerce only How to save TAX lol This and that Section , no Creative and No Engineering , just Running Behind Money ( tax Saving ) I don't know if india finished Tax then 100 of Dubai in india , but must ban alcohol and gambling first
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Patrick, I agree with you on a lot of things but this I must disagree.
You can look at American History between the 1880's-1930's and see how laissez-faire economics affected the country. Take away government and youre bringing back monopolies, child labor, no more workers compensation, good by minimum wage, good bye weekends, good bye sick days, good bye maternal and paternal paid leave, good bye unions, and the list goes on and on.
Government regulation is both a necessary good and necessary evil -
Laissez-faire!!!!!
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How do you deal with socialist employees who believe they are entitled to that wage anaway(and more) and who think you should pay more taxes as well ?
You must have had many of those - on average, half the population leans left. -
It would keep the money inside the city more. Rather than paying income tax and instead paying more in things such as gas, that extra money stays within the citizens. Tourists come and pay a higher price, while citizens get to enjoy the benefits of having their own business!
I've just stumbled across this channel today. New subscriber! I've filed my corporation around 15 days ago. Look forward to learning! I love geopolitics! -
Mate I hope you don't look too much favourably to Dubai. I lived and worked here for five years and these emiratis treat workers especially from Asia like paid slaves. Workers are cramped 4 to 12 in a room and can get evicted overnight. Everything they show you externally is designed to conceal this fact. Don't worry their time will come very soon.
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Amazing insight
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ha, i like the words to that song
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That's interesting. We have alternative sources of energy for just about everything. Most of which are available and better for the environment and international affairs. Meaning less war. Examples such as : electric cars, hydrogen powered dirt bikes, the only exhaust is saltwater, by Honda. There is a patent to strip methanol from soil or dirt right now it belongs to the United States Navy. Turbines controlled by the tides of the oceans. Helium 3 mined from the moon. Alternatives are less costly and very practical. Industry Giants do they're best not to let this information hit the mainstream. I'm afraid Americans way of thinking is small plenty of room for grow. Myself included.
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Very cool. Honestly didn't realize this. Loving the videos recently. I'd love to see footage from/hear about the other place you mentioned 15 minutes away
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I've followed you for a year or so and I appreciate your views on entrepreneurship and leadership. I feel you're missing the mark on this one dadash. The Dubai you're seeing is not the same Dubai ordinary people see. The entire workforce is comprised of migrants who are treated as indentured servants. That's the foundation of their form of capitalism. These principles are non-starters in western civilizations. I just thought you should know.
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I've read rich dad,poor dad by robert kiyosaki. The only real strength I've been told by my mentor is that I am a leader. I would like to begin reading more as I found out all successful people read. If you have a list of books you'd recommend I'd gladly check them out. I want to learn skills that will get me to my end goal of living the good life.
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