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Tech companies can also leave the states. Taking the amount of tax revenue they pay abroad will make a much stronger point than adding some banners, and that's
by Haegin 10y ago
Tech companies can also leave the states. Taking the amount of tax revenue they pay abroad will make a much stronger point than adding some banners, and that's before you factor in the deskilling of somewhere like the bay area if the tech companies leave.
Of course, too many of the mostly white male tech company founders and investors are hoping to benefit from things like reduced corporate taxes to care about discrimination that doesn't affect them.
- willstrafach 10y agoThis is not true. The US taxes worldwide income regardless of country.
- seanmcdirmid 10y agoTrue. But country of residence gets first dibs, and you get a credit for taxes paid abroad.
- Haegin 10y agoOh yeah, I forgot about that crazy rule. That doesn't apply to corporate taxes though right?