French to Launch Experiment on Keynesian Economic theory

Soccer-New French taxes will be "disastrous" for football

Football?!!!! I mean.. even for the most rabid soccer-freak, they're worried about French FOOTBALL?!!!!

I told you guys Keynsian tactics ALWAYS work short term. That's what they're hoping for, I assume. But they better make sure it's for only 18 months or less.
because..

And if it carries over contract talks...

"In ALL cases it WILL BE the club who will pay the taxes of the players."

And that means the ticket prices will 'necessarily skyrocket'

Geezz... I hope I dont have to explain the other effects, long term. You could look at California if you want a hint.

 

Re: French to Launch Experiment on Keynesian Economic theor

I predict it will be short lived.....oh, wait, it is the FRENCH we're talking about here, isn't it? (See Zidane head butt statue thread).

 

Re: French to Launch Experiment on Keynesian Economic theor

You're a free-markets capitalist, right Fog? If they clubs are so stupid as to see that change and decide to adapt by paying all of the players' taxes instead, then as a business they deserve to fail. New, more efficient clubs will spring up and take their place....or will they? Does it even matter? It's just Ligue Ugh. I'm surprised the clubs pay any player's taxes. But like Jump said, we are talking about the French.

 

Re: French to Launch Experiment on Keynesian Economic theor

What world do you live in?
Every employer pays ALL its employees' taxes on wages they earn with said employer. Where the hell do you get the money to pay your taxes. From magic beans?
And all employees bargain for NET INCOME next time they get a chance. PERIOD. That's why raising taxes to combat inflation is just so much horseshit. Only works till next contract, whether it's commodity or wage, then it FUELS inflation.

The above is true no matter WHAT economic theory you use. The difference is 'whether you go for volume* or marginal profit**.'

* ie ...productivity = more tax transactions or payments
** percent of transaction = higher tax rate

Just to make it perfectly clear.. those clubs who 'pay the players' taxes' have signed contracts guaranteeing player's net income after taxes. What that really means is the player wage is infinitely variable, and the club prepares the tax returns for the player. ANd in case you still dont get it... it all trickles down to the price of tickets and merchandise.
And then there's the pension funds, however they are set up.
So you tell me just how efficient you can make a turnip.

 

Re: French to Launch Experiment on Keynesian Economic theor

The French have also raised taxes on cigarettes as a way to reduce their debt. That should definitely help some German businesses near the border.

As far as French football, Qatar will just raise the price of oil so PSG can pay their players more. Dont know what the other clubs will do, maybe some other oil sheeks or wealthy Chinese dudes will buy them up.

 

Re: French to Launch Experiment on Keynesian Economic theor

I've been thinking for some time on a new economic paradigm in which all governments, starting with the fed, are funded by self-taxation.
Government employees having contributed nothing to the Gross Domestic Product should pay a penalty for that.

That means all government employees including elected more or less pay their own way. also all government expenditures are taxed at a rate resulting in self funding. With modern computer systems there has to be a way to make it work, right?
Make just as much long term sense as monetarist {just print more currency}/Keynesian theory.

 

Re: French to Launch Experiment on Keynesian Economic theor

I must have hit a nerve... You dont want me to reply because you cannot point to anything on how public employees contribute to the GDP other than "You didnt build that meme". Or you would have.. even I could stretch a case for that. Would be a fib, but I could do it.
Tell me this:
In just what area are public employees lagging compared to the private sector? Wages? nope, jobs added? nope.


Speaking of alternate worlds.
lol

 

Re: French to Launch Experiment on Keynesian Economic theor

When I'm wrong, I'm wrong.. and say so

Huh? So it gets counted twice? Or does that depend on whether GDP is accounted using thehttp://wps.prenhall.com/bp_casefair_eco ... index.html
] Expenditure[/url] vs Income approach?
Not even made clear there
Here's the pertinent part of your link:

Which explains a lot. what exactly is it that they produce.. Directly or indirectly?