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Isn't this basically global price fixing? It seems tremendously unfair to small businesses, at the very least.
by moistbar 6y ago
Isn't this basically global price fixing? It seems tremendously unfair to small businesses, at the very least.
- deleted 6y ago[deleted]
- sokoloff 6y agoSmall businesses already don’t have the effective ability to structure their operations to take advantage of multiple domiciles’ different tax policies, because the fixed costs of such structures are high relative to their incomes and the consequential benefit they’d derive. Such a policy would generally help small businesses who seek to compete against large multi-nationals, even around the edges.
- turbinerneiter 6y agoSmall business are the only ones who actually have to pay the taxes, while big corps avoid them. We are tax subsidizing starbucks while local independent shops die, altough the local independent ones are better and healthier for the local economy.
- rswail 6y agoGovernments are not businesses and taxes are not prices. Small businesses generally are taxed more harshly than large multi nationals. Setting a global minimum is not going to necessarily restrict governments from offering lower rates to smaller businesses. This discussion is more about avoiding inefficient market distortions.