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This is the only way to stop tax evasion and a race to the bottom, with devastating consequences to people to the tune of hundreds of billions of dollars lost p
by andrepd 6y ago
This is the only way to stop tax evasion and a race to the bottom, with devastating consequences to people to the tune of hundreds of billions of dollars lost per year.
The question is how to do this. The only way I see is unilateral action by the biggest markets: the EU and the US (plus Japan, Australia, NZ, Canada), to say "you cannot access our market if you stash your profits in a tax haven".
- akmarinov 6y agoYeah there’s 0 chance of that happening. The EU can’t even agree amongst themselves.
- anm89 6y agoYeah it's amazing how people look at the epic clusterfuck which is the EU and say "we just need to do the same thing at an even bigger scale". It get's harder as scale goes up. Not easier.