3 ms·
I'll mention a concept I was exposed to recently that changed my thinking about all this: cartel arrangements are profitable to disrupt. That's what these glob
by friend_and_foe 3y ago
I'll mention a concept I was exposed to recently that changed my thinking about all this: cartel arrangements are profitable to disrupt.
That's what these global minimum tax and things are. Governments get together and decide that to squeeze a little harder there can be no escape. But all it takes is one government somewhere that decides not to do it and they get the economic benefit. Or, they can pretend to do it and give loopholes to some corporations, like Ireland does with their tax schemes.
You're just not ever going to get the whole world to play ball the same way.