4 ms·
> want a global minimum tax rate so as to avoid a "race to the bottom" where countries can undercut each other with low tax rates. That is competition. Govern
by imchillyb 5y ago
> want a global minimum tax rate so as to avoid a "race to the bottom" where countries can undercut each other with low tax rates.
That is competition. Governments, corporations, and every other entity on earth should work that way.
If a global entity wants a better deal, they should be able to get one.
This is nothing more than universal trade restriction. Trade restriction that is designed to keep global powers in power and keep the little guy scraping by.