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> curb (effective) tax evasion and profit offshoring to reduce inequality. that assumes cooperation on a global scale between competing tax jurisdictions, whic
by airstrike 2y ago
> curb (effective) tax evasion and profit offshoring to reduce inequality.
that assumes cooperation on a global scale between competing tax jurisdictions, which in my book is infinitely harder to achieve than net power via fusion
- DrNosferatu 2y agoEither the US or the EU could do it: which global company can afford to not do business in any of these economic blocks? But the way the EU handled the COVID vaccine procurement, I think we’re still a long way.
- DrNosferatu 2y agoNevertheless, this was a good first step: https://www.washingtonpost.com/business/2023/07/03/global-minimum-tax-american-businesses/ https://www.washingtonpost.com/business/2023/07/03/global-mi... Maybe next time they actually make it work?