4 ms·
To people saying this will end the race to the bottom. It will never end, when every rate is equal then tax rate would magically stop being important and the im
by ObserverNeutral 5y ago
To people saying this will end the race to the bottom. It will never end, when every rate is equal then tax rate would magically stop being important and the important number will be:
1) Odds of tax audits
2) Countries with statutes of limitations
3) Lenght of the legal proceedings so you can get to the aforementioned statutes of limitation
4) Median fines imposed for non-compliance etc.
5) Countries with most bribable tax officials
Human nature can't be solved, tragedy of the commons can't be solved either
- andrepd 5y agoThat's a very cynical view. Many things cannot be 'solved', but they can be ammeliorated.
- ObserverNeutral 5y agohow would this be an improvement, you just change the set of people who evade taxes. From people who pay tax experts millions to study really clever ways of doing transfer pricing and income shifting towards people who study the odds of audit and bribe tax officials