Comments on: Interesting Take on Yukos http://fistfulofeuros.net/afoe/governments-and-parties/interesting-take-on-yukos/ European Opinion Thu, 08 Jan 2009 22:21:19 +0000 http://wordpress.org/?v=2.6.3 By: Edward http://fistfulofeuros.net/afoe/governments-and-parties/interesting-take-on-yukos/#comment-1356 Edward Sun, 16 Nov 2003 14:37:18 +0000 http://fistfulofeuros.net/wordpress/?p=125#comment-1356 "What instead is needed is a low-cost method to break up these economic concentrations" I absolutely agree. Interesting idea. I'm thinking about it. Although while the political structure is where it is, any change is a bit pie in the sky. Perhaps your proposal is more realistic for the EU. “What instead is needed is a low-cost method to break up these economic concentrations”

I absolutely agree. Interesting idea. I’m thinking about it. Although while the political structure is where it is, any change is a bit pie in the sky. Perhaps your proposal is more realistic for the EU.

]]> By: Mark Amerman http://fistfulofeuros.net/afoe/governments-and-parties/interesting-take-on-yukos/#comment-1355 Mark Amerman Sun, 16 Nov 2003 13:26:09 +0000 http://fistfulofeuros.net/wordpress/?p=125#comment-1355 I do not believe that these giant "quasi-monopolies" serve the interest of the people of russia, just as I doubt nationalization of these industries would serve those interests either. What instead is needed is a low-cost method to break up these economic concentrations into smaller entities and spread out their ownership and control over a broader section of the population. How about a progressive gross sales-within-russia tax on all entities, both foreign and domestic? Businesses with sales below a certain level would pay no tax at all. Make that cutoff level high enough to not discourage moderate largeness, but everything above that tax and tax at an increasing rate dependent on gross sales within russia. In addition to being likely more legitimate in the eyes of the people, such a scheme would engender a competitive market that would increase the rate of growth in productivity (and the standard of living) while tapping into and developing the talents of a broader, and hopefully ever increasing, portion of the population. I do not believe that these giant “quasi-monopolies”
serve the interest of the people of russia, just as
I doubt nationalization of these industries would
serve those interests either.

What instead is needed is a low-cost method to break
up these economic concentrations into smaller entities
and spread out their ownership and control over
a broader section of the population.

How about a progressive gross sales-within-russia
tax on all entities, both foreign and domestic?

Businesses with sales below a certain level would pay
no tax at all. Make that cutoff level high enough
to not discourage moderate largeness, but everything
above that tax and tax at an increasing rate dependent
on gross sales within russia.

In addition to being likely more legitimate in the eyes
of the people, such a scheme would engender a competitive
market that would increase the rate of growth in productivity
(and the standard of living) while tapping into and
developing the talents of a broader, and hopefully ever
increasing, portion of the population.

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