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Corporations don’t pay taxes. They collect taxes.
1 posted on 07/16/2022 5:58:04 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Why is this so important to the global aholes?


2 posted on 07/16/2022 5:59:20 AM PDT by Rural_Michigan
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To: Oldeconomybuyer
“We are very committed to moving ahead with this. This is a truly important global initiative,” she said

Well Yellen, you DON'T have a vote in the US Senate. Manchin and Sinema do. Tough luck!

3 posted on 07/16/2022 6:03:09 AM PDT by SmokingJoe
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To: Oldeconomybuyer

None of the revenues raised would be used for domestic budgetary purposes. It would in fact be a down-payment to establish the NWO, with the remainder of the funds used to line of the pockets of oligarchs.


6 posted on 07/16/2022 6:06:27 AM PDT by Extremely Extreme Extremist
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To: Oldeconomybuyer

How much will Klaus Schwab and his Nazi Cult get ?


8 posted on 07/16/2022 6:08:13 AM PDT by butlerweave
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To: Oldeconomybuyer

Moving towards the One World Government in which all earnings by productive people such as Americans will be snatched by the One World Government and given to non-productive people, thus ushering in an era of global famine, poverty and misery.


9 posted on 07/16/2022 6:09:39 AM PDT by I want the USA back (Damn it! We need Trump! America First!)
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To: Oldeconomybuyer

She should show us a balance sheet that shows how much US corporations will be paying and how much other nations will be paying.

All this is is a redistribution of wealth. 140 nations participating. It will be a net loss for US taxpayers and for some of the nations that hate us it will be a gain. We’ll be paying taxes to support welfare around the globe.

They will control everyone with our money. This would be a huge win for the NEW WORLD ORDER crowd.


10 posted on 07/16/2022 6:10:00 AM PDT by boycott
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To: Oldeconomybuyer

> The United States will look for every opportunity to move ahead and enact a global minimum corporate tax agreement... <

This is very good news ... for China and India. Western nations will hamstring their companies with even more taxes and regulations. Meanwhile, China and India will just pretend to do so.

This scheme will make Western companies even less competitive than before.


11 posted on 07/16/2022 6:12:10 AM PDT by Leaning Right (The steal is real.)
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To: Oldeconomybuyer
She said the United States had a strong incentive to move forward because as other countries enacted the tax agreement, they would be taxing the foreign profits of U.S. companies, while the United States would be leaving "that tax revenue on the table rather than capturing it ourselves."

Indicating she is completely in the dark about basic economics (or rather she is just a partisan hack). They would be moving their assets here and we would collect those taxes if our rates are better...that's why they weren't hear to begin with and started moving back here after the tax reform was passed.

14 posted on 07/16/2022 6:35:32 AM PDT by Republican Wildcat
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To: Oldeconomybuyer

Global extortion from any nation fool enough to collect and pay it.


15 posted on 07/16/2022 6:35:54 AM PDT by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.)
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To: Oldeconomybuyer

Why don’t they just call it what it is...financial rape. Bend over...you will have less of nothing and you will like it.


16 posted on 07/16/2022 6:40:40 AM PDT by Qwapisking ("IF the Second goes first the First goes second" LStar)
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To: Oldeconomybuyer

The United States are not pushing global taxes.

The traitors in DC are.


18 posted on 07/16/2022 6:44:56 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: Oldeconomybuyer

I think that such an action would require a law and a treaty ratification, maybe both? I do not see this happening any time soon. But they better hurry, NOV is getting close!


21 posted on 07/16/2022 6:55:28 AM PDT by Manly Warrior (US ARMY (Ret), "No Free Lunches for the Dogs of War" )
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To: Oldeconomybuyer

Unconstitutional.


22 posted on 07/16/2022 7:09:20 AM PDT by Mlheureux
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To: Oldeconomybuyer

Wherever she went to college, she should get a 100 percent refund.


23 posted on 07/16/2022 7:12:49 AM PDT by Don Corleone (leave the gun, take the canolis)
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To: Oldeconomybuyer

I would say put up an across the board 20% import tariff then lower corp tax rates to 0% for all manufactures and 5% for all other corps.


24 posted on 07/16/2022 7:15:53 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Oldeconomybuyer

Indeed the more taxes the feds get the more they can spend the democrats never change.


25 posted on 07/16/2022 7:24:54 AM PDT by Vaduz ( )
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To: Oldeconomybuyer

There’s nothing to prevent governments from giving local tax breaks to offset a world corporate tax. This is just a hit at countries that enjoy the benefits of lower corporate rates .


28 posted on 07/16/2022 9:00:38 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: Oldeconomybuyer
This is the way Marxist democrats negotiate now. If 'they' don't do it their way in the traditional negotiation method then they will work around all nations and obstacles to get their way.

This happens after the obligatory ground pounding tantrum of course.


29 posted on 07/16/2022 10:05:36 AM PDT by Boomer ( George Orwell: “During times of universal deceit, telling the truth becomes a revolutionary act.”)
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To: Oldeconomybuyer

31 posted on 07/17/2022 7:12:28 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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