Problem ID: Financial Difficulties of the U.S. Government.
Issues:
In order to solve financial difficulties, we basically have two simple options as follows:
1. Increase revenues=tax incomes.
2. Reduce expenses.
Right now, U.S. Government has not been successful in collecting full amount of taxes against Earth Incs. Since we do not have Earth Government yet, Earth Incs are taking advantage of global presence when paying taxes in a way of choosing tax heaven countries.
Recommendation:
- Incorporate a concept of U.S. citizenship for corporations in the U.S. in order to differentiate them based on tax payment status.
1. Corporations of U.S. Citizenship status.
2. Corporations of Green Card status.
3. Non-residence.
If U.S. government classifies Earth Incs as Green card status since they are avoiding paying full amount of U.S. taxes, U.S. government can give them dis-incentive for avoiding full amount of U.S. tax payment.
For example, restriction on Lobbying Activities:
U.S. government can make Lobbying Activities of Green card status companies such as Earth Incs’ as secondary importance while placing primary importance to those of U.S. citizenship status companies.
In other words, this is a threat or punishment for not paying full amount U.S. taxes, which we need to overcome financial difficulties right now.
Issues:
In order to solve financial difficulties, we basically have two simple options as follows:
1. Increase revenues=tax incomes.
2. Reduce expenses.
Right now, U.S. Government has not been successful in collecting full amount of taxes against Earth Incs. Since we do not have Earth Government yet, Earth Incs are taking advantage of global presence when paying taxes in a way of choosing tax heaven countries.
Recommendation:
- Incorporate a concept of U.S. citizenship for corporations in the U.S. in order to differentiate them based on tax payment status.
1. Corporations of U.S. Citizenship status.
2. Corporations of Green Card status.
3. Non-residence.
If U.S. government classifies Earth Incs as Green card status since they are avoiding paying full amount of U.S. taxes, U.S. government can give them dis-incentive for avoiding full amount of U.S. tax payment.
For example, restriction on Lobbying Activities:
U.S. government can make Lobbying Activities of Green card status companies such as Earth Incs’ as secondary importance while placing primary importance to those of U.S. citizenship status companies.
In other words, this is a threat or punishment for not paying full amount U.S. taxes, which we need to overcome financial difficulties right now.