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That analogy obviously doesn't work at all. Here's the thing: On one hand you have companies trying to minimize taxes any (legal) way they can, and on the othe
by tpush 5y ago
That analogy obviously doesn't work at all.
Here's the thing: On one hand you have companies trying to minimize taxes any (legal) way they can, and on the other you have countries saying "Here you can (legally) minimize your taxes!".
Any rational thought process is going to conclude that curbing #2 is the only realistic option to tackle that problem; see the global 15% minimum corp tax.
That's why your analogy doesn't work: Here 'prosecuting one the 3 bank robbers' actually prevents further robberies, and is also the only practical way to prevent any further robberies.
- josefx 5y ago> Here's the thing: On one hand you have companies trying to minimize taxes any (legal) way they can, and on the other you have countries saying "Here you can (legally) minimize your taxes!". Problem is at least with the Ireland case was that there were backroom deals that no one else could be aware of when taxes should be applied equally to everyone. In fact that last part is kinda required by various trade agreements which is the reason most European countries could get so pissed of at Ireland, not the low taxes, but the secrecy in how it applied tax laws to specific heavyweights. Ireland: Nothing wrong here, the plans where publicly available in a disused lavatory labeled beware of the leopard. Everyone with a direct line to our finance minister could have asked and we would have told them how to apply. Totally nothing illegal going on here.