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You're confused about the incentives here, I think. Traditionally the conflict in this space has been smaller nations wanting to tax economic activity within t
by newacct583 6y ago
You're confused about the incentives here, I think. Traditionally the conflict in this space has been smaller nations wanting to tax economic activity within their borders (by larger multinational corporations) and being prevented from doing so by coercive foreign policy. You really think that Ecuador or wherever wouldn't like a bigger cut of the oil they're shipping out?
The news here is that US policy seems to be moving to align with smaller powers, not the reverse.
- TechBro8615 6y agoNo... countries like Ireland explicitly set lower tax rates to attract companies to open HQ there. You think Apple has an HQ in Ireland just because they like the whiskey?
- newacct583 6y agoYou are imagining that Yellen is going to able to coerce a EU nation to raise taxes? How would that work?
- TechBro8615 6y agoI'm not imagining it, but she seems to be.