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You might as well blame them for creating free trade, and the european union. If legislators had the power to change the tax code, they would. Realistically t
by jcampbell1 13y ago
You might as well blame them for creating free trade, and the european union. If legislators had the power to change the tax code, they would. Realistically they can't without doing something awful like currency controls or trade restrictions or something that will get shot down by the WTO.
I am not a huge fan of corporate taxation because it is so indirect, but I do think we need some new global rules around IP transfer pricing.
- icelancer 13y ago>If legislators had the power to change the tax code, they would. Huh? They absolutely have the power to change tax code. Who do you think does? The IRS just executes the tax doctrine (with varying levels of compliance, of course).
- jfoutz 13y agoThe people who donate to legislators campaigns. The senator from Disney is a pretty good example of doing whatever it takes to represent his funder's best interests.
- jcampbell1 13y agoHow could legislators in the UK impose higher taxes on Google without violating EU / WTO trade agreements? If there was an easy way to do it, then they would have already. That was my point. Of course the legislators have the power to abandon all free trade agreements, leave the EU, and go Hugo Chavez and attempt to nationalize Google or something.