NightFox
Wildling
- Jul 20, 2013
- 11,549
- 3,219
- Thread starter
- #221
The proposal isn’t for a “global tax” it’s for an agreement between countries to keep their INTERNAL corporate income taxes at a minimum of 15% (15% is the initial figure, could change when all is said and done). The idea being to inhibit multinational corporations from sucking profits (and jobs) out of one countries market and into another countries market simply because the destination country has utilized lower rates to artificially manipulate comparative advantage.NightFox The fact that it is moving quickly is a sure sign that it is a scam.....
I think what it does, is get our super globalist billionaires out of paying taxes----instead of paying 20-40% to individual countries and forced to bribe politicians in each country...they only need control those in charge of the global tax and will pay no more than 15% of what they can't right off and hide in Foundations and such. They in essence will tax laws for them by people that they control completely while we little people get our asses handed to us by Biden corrupt pols.
These companies use all the critical economic infrastructure, private property protections and contract enforcement that you and I pay for, make their profits and then move the profits offshore so that they can contribute to some other countries infrastructure, It’s free riding on our backs.
You’re right not to trust the globalist infrastructure on putting together a final product that is fair, however that doesn’t make the CONCEPT of what they say they’re attempting to do a bad one.