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Good. All the companies listed in the headline are sitting on piles of cash, benefiting massively from U.S. federal and local government spending on their behal
by beatpanda 11y ago
Good. All the companies listed in the headline are sitting on piles of cash, benefiting massively from U.S. federal and local government spending on their behalf, and paying a lot less than what they actually owe on profits earned in the United States. All of them should face massive, confiscatory fines.
I'm also sympathetic to the argument that the United States should lower its corporate tax rate, in exchange for corporations actually paying at that lowered rate, but because U.S. politics are broken, this is never going to happen. The next best thing is legal judgments against tax dodgers, and I'll take it.