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MrPatan | 2 years ago

Is the secret in the running of it? The policies?

Or is there a source of funds in the Isle of Man that is not applicable to the rest of the world? Like, if it was applied to the rest of the world the funds would stop going to the Isle of Man?

Is there also something not present in the Isle of Man that elsewhere is a sink for money? Something you would have to stop incentivising in other places if you want to have them "rolling in money", but that many people can't bring themselves to do?

discuss

order

marcus_holmes|2 years ago

The main thing is that when you impose a tax on people in order to achieve a goal, that income is not then put into the general taxation pool for politicians to spend as they wish, but kept in a separate fund that can only be used to fund the thing it was levied for. If we had more of that we'd have less problems like the NHS.