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Progressive corporate taxation would lead to every company splitting its revenue and expenses across 50 shell companies, without actually splitting operations.
by pocksuppet 1mo ago
Progressive corporate taxation would lead to every company splitting its revenue and expenses across 50 shell companies, without actually splitting operations.
- psd1 1mo ago...which is common today. I like globalisation on its face. The second-order effects are a bitch. I don't want to go full protectionist, bit we should swing the needle back a bit.
- schmidtleonard 1mo agoNot if the gaggle of shell companies was difficult to invest into or had enough rights to make it a strategic threat. But sure, wave those infomercial-hands some more and maybe you'll convince me that I can't use a screwdriver.