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I'm not saying I condone it (I especially don't like the part of routing all of your profits made in other countries through a single country with lower taxes,
by higherpurpose 12y ago
I'm not saying I condone it (I especially don't like the part of routing all of your profits made in other countries through a single country with lower taxes, and don't think it's fair) - but maybe there's an argument to be made about low income tax for corporations, if that actually leads to much higher sales (on which consumers pay VAT, so tax money still goes to the government)?
- pfortuny 12y agoThe quesution is.... and what about small businesses? Why should they be treated differently than corps?
- ams6110 12y agoLower tax rates, and simpler tax rules, often lead to higher revenues. Make it easy to comply with the rules, set reasonable rates, and companies may find it easier to deal with than setting up shell offices in another country and employing teams of accountants and lawyers and bankers to shuffle the money around.
- lsaferite 12y agoOr, no income tax at all and just a sales/use tax across the board.