This is wrong.
WTF? When did we sign such an external taxing authority? Talk about taxation without representation.
If we end up on this, it will be the first order of business for Trump in 2024 to exit.
> Both China and India have reportedly given their blessing to the deal, eliminating the last bit of resistance from within the G-20. <
Now that’s funny right there. China especially will do nothing to harm their economic base. So their actual compliance with this scheme will be nil.
They will, however, generate hundreds of fake documents to “prove” otherwise.
Wow, the double-speak in Yellen’s statement is off the charts: It’s “self-defeating” to lower taxes? Why would 130 countries agree to a plan that supposedly will help America “win” against them? Ireland’s success contradicts every point Yellen makes. They should look out - Biden might nukem.
Breaks my heart to see Biden getting little cooperation with his tax hike plan....
tax on jet fuel for international
travel is zero
rich people always say that poor people are undertaxed
Competition among countries, states, etc. is positive.
This attempts to eliminate competition.
Irish leadership remembers when they had unemployment several times that of the UK. By lowering tax rates, they saw an influx of businesses eager to manufacture and provide services to the EU. That’s why EU vaccines and microchips are likely to be made in Ireland.
Globalism is just a conspiracy theory concocted by right wingers. LOL
Federal alphabet agencies and departments simply need to be abolished. They are absolutely worthless.
Does that mean the minimum tax rate could be forced up to, say, 50% for all countries a few years from now?
Global Corporate Tax Reform Package or what they really call it in private , Distribution of Wealth
Bkmk