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How would it not go away? If there's no corporate tax then the profit is going to be taxed at 0%. Moving that money around won't help you. But if an investor wa
by Aerroon 5y ago
How would it not go away? If there's no corporate tax then the profit is going to be taxed at 0%. Moving that money around won't help you. But if an investor wants to personally use that money, then they'll have to pay personal income tax in the country he's in or is a citizen of.
- riffraff 5y agoBecause the problem would be that "Jeff Bezos has extracted X money from France" instead of "Amazon has extracted X money from France". The problem is not that the money disappears from earth, but that is shifted from one country to another.