> the Biden administration’s effort to help raise revenue in the United States This coming after a $2T pork stimulus with another $2T on the way. Obviously thi

> the Biden administration’s effort to help raise revenue in the United States This coming after a $2T pork stimulus with another $2T on the way. Obviously this has nothing to do with prudent financial management. Punishing evil capitalists? Maybe. Trying to prevent a mass exodus of investment from the US? Probably. I’m sure they tried to close loopholes regarding offshoring profits, but realized the corporations would just exit faster. This is desperation. It won’t work. Capital can’t be controlled and threatened the way that people can be. Capital will always go where it’s treated best.