5 ms·
> simply enforce a global flat tax Enforced by whom? Why would a developing country want to tax companies at the same level if they're trying to attract inves
by mohanmcgeek 5y ago
> simply enforce a global flat tax
Enforced by whom?
Why would a developing country want to tax companies at the same level if they're trying to attract investments? Anyway, why should any country listen to any other country on what the tax rate should be?
Why should a company be forced to pay tax on foreign income if the country in which they supposedly made that income doesn't want to them to pay taxes?
The worst part is that this comment starts with "simply enforce"
- pembrook 5y ago> Why would a developing country want to tax companies at the same level The point of removing corporate tax is to not tax companies at all. Remove the decision of how to position your country against others altogether. You could enforce these things by creating a free-trade area for anybody who joins, and excluding or putting stiff tariffs on those who don't.
- Semaphor 5y ago> You could enforce these things by creating a free-trade area for anybody who joins, and excluding those who don't. Then you need those free trade agreements. Remember the last time when it was only between EU and US? Protests in many European countries and in the end Trump decided to break it off.