It's all a matter of semantics. The U.S. corporate tax rate is already much higher than the minimum established in this agreement.
Of course both of you are correct.
However, you know, you know, and I know, that this is just the opening shot. The world governing bodies are simply salivating at taxing people worldwide.
If it isn’t a corporate tax, it will be and environmental tax, a human rights tax, a redistribution of wealth tax, you name it.
We think the ghouls in Washington grow fat feasting on the remains of American prosperity...just think of what it will be like in Brussels or China when those groups over there get to feast on the remains of any world wide prosperity.