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So it doesn’t get locked out of the financial system by America
by peteretep 6y ago
So it doesn’t get locked out of the financial system by America
- akmarinov 6y agoThat’ll erode america’s financial system fairly quickly. You can’t sanction Ireland, without sanctioning the EU, also China and India won’t agree to that, so there goes 80% of the people you trade with.
- peteretep 6y agoWhy do you think the rest of the EU wouldn’t be on board? Nobody in the EU is happy with Ireland’s corp tax rate. China’s corp tax is 25%, India’s is complicated but around the same (in practice), PRC and India don’t want its rich people and global corps abusing tax shelters either.
- NwtnsMthd 6y agoHow does something like this generally work? Is it as simple as sanctions and/or tariffs?