Paradise Papers: Dear Tim Cook

Re:Paradise Papers: Dear Tim Cook by slavik81 on Wednesday November 08, 2017 @03:11PM (#15656479)

> What annoys me the most is that, as a small company, I can't evade from my country tax system. I pay the taxes. All of them, at full rate.

This is a real problem in the US, too. The corporate tax rate is very high, but there's so many exemptions and deductions that few end up paying the headline rate. There's a lot of variation between businesses in what they pay.

Lowering the tax rate and simplifying the tax code could make it more fair in a revenue-neutral way.

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Re:Paradise Papers: Dear Tim Cook by downrightmike on Wednesday November 08, 2017 @03:23PM (#15656583)

It used to be much higher: https://bradfordtaxinstitute.com/Free_Resources/Federal-Inco...

If companies want access to the best market in the world, they need to pay to be there.

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Re:Paradise Papers: Dear Tim Cook by slavik81 on Wednesday November 08, 2017 @03:53PM (#15656908)

I don't follow. I didn't suggest changing the average effective rate. There would be no change to the amount paid. I just suggested splitting it more fairly.

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