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Based on how the US behaves generally, just sanction them to hell. You don't want to apply the global tax rate? Have fun finding liquidity when every financial
by pietrovismara 6y ago
Based on how the US behaves generally, just sanction them to hell.
You don't want to apply the global tax rate? Have fun finding liquidity when every financial institution denies you access.
It worked in reducing socialist countries to poverty, it will work in forcing the hand of fiscal paradises.
Or is economical warfare fine only when it's used against the commies?
- Kim_Bruning 6y agoSo, this is why we have things like the European Union. It's to prevent global hegemons from hegemonizing TOO much. Sanction one member, and the other members could retaliate en bloc. Therefore you can't afford to sanction any single member. This means everyone who deals with EU members is forced to play fair game (give or take a lot of give and take; this is politics, after all). [Of course the other EU members aren't entirely pleased with Irish and Dutch corporate tax rates either, but that's a story for another thread]