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On why the US tax rate should be raised: access to the most profitable market: https://2672686a4cf38e8c2458-2712e00ea34e3076747650c92426bbb5.ssl.cf1.rackcdn.com
by downrightmike 8y ago
On why the US tax rate should be raised: access to the most profitable market: https://2672686a4cf38e8c2458-2712e00ea34e3076747650c92426bbb5.ssl.cf1.rackcdn.com/2018-07-31-15-40-37.jpeg https://2672686a4cf38e8c2458-2712e00ea34e3076747650c92426bbb...
- urda 8y agoHow about not just raising taxes to raise taxes? The US isn't really effective with what they collect already (beyond more military), but hey let's slap some more pork belly on. That would be fucking swell.
- gnicholas 8y agoThis might make sense if the US had a territorial tax system, like much of the rest of the world. But the US rate applies to the global profits of US-based companies. The mix of high rate and worldwide (non-territorial) taxation is why so many US companies end up being acquired by foreign companies. Then you don't have to pay US rates on your worldwide income.