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The best way to disincentive tax avoidance would be to not allow it in the first place. A one-off policy like this punishes tax avoidance without necessarily di
by jmckib 6y ago
The best way to disincentive tax avoidance would be to not allow it in the first place. A one-off policy like this punishes tax avoidance without necessarily discouraging it in the future. It depends on how likely businesses think it is for something like this to happen again.
- cies 6y agoI think there is a lot of lobbying for tax avoidance. But maybe that's just my perception of govts using democracy as a banner while in reality policy is much more influenced by lobby effort than voters sentiment.
- jmckib 6y agoI'm sure you're right. Lobbying for tax avoidance is a classic example of rent-seeking. I'm just trying to point out that this is an empty gesture from the government. It makes people feel good but it doesn't really prevent tax avoidance in the future. If that was the goal, there's a much more direct way to do it.