Posted on 04/06/2021 8:16:25 AM PDT by McQ444
Biden Treasury Secretary Janet Yellen is about to call for a minimum corporate tax rate which, in effect, would prevent American companies from relocating offshore to escape the forthcoming tax hikes, according to reports. Axios reported that "by trying to convince other countries to impose a global minimum tax, Yellen is acknowledging the risks to the American economy if it acts alone in raising corporate rates."
(Excerpt) Read more at nnettle.com ...
The Euroweenies tried to do this once and we laughed in their faces.
Now we’re the instigators.
Goes to show how far the corruption has spread.
Corporations don’t pay taxes. They collect them.
If it works, everyone pays higher taxes and can’t hide. If it fails and American goes it alone, ALL corporations leave the USA and our country goes down the tubes fast.
This is what the dems would call a win-win situation.
UN Taxes is a One Worlder’s wet dream.................
This isn’t babylon bee?
“Mommmm! The other kids aren’t raising their taxes too!!!” *pout*
This idea is doomed.
There is no way all the countries are going to agree to this. The smart country will lower taxes and bring the businesses in.
Raise tariffs across the board to protect and rebuild US industry, and don’t have to worry much about other countries tax policies.
Wake the hell up, America. The communists are out of control.
^ ^
“Wake the hell up, America. The communists are out of control.”
Sorry, it’s far too late for that. Americans want, and need to feel the boot of full on communism. They are indoctrinated to believe it’s the best, most just system possible.
Experience is a cruel teacher.
Exactly what the Coup Plotters planned. We are up Merd River without a diaper.
These control freak globalists forget one thing. People can “Go Gault”. You can’t “make” people be creative or industrious. At best you can force them to “look busy”.
Bet the corporations that spent all the money to get Biden elected are just giddy about his idea.
But they won't. Requires far too much sacrifice, and we like our mortgages, cars, trucks, boats, RV's, dirt bikes, side by sides, etc. way too much to sacrifice them. See tagline.
One world order, meet new world order.
I didn’t get it at first. Why a minimum Corp tax rate would stop countries from leaving America
As I read further shevwants other countries to impose a minimum tax rate.
Now I get it
Are they proposing that a country or organization outside the United States can dictate United States tax policy? Who would the tax money go to? We are seeing inside the heads of some big shot globalists. Not pretty.
Biden calls for globalism and collusion.
Bookmark
“You can’t “make” people be creative or industrious. At best you can force them to “look busy”.”
Old Russian saying; “the Soviet central committee pretended to pay us, we pretended to work.”
Laughing in Chinese PRC conglomerate...
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