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A comment on The missing profits of nations. Parent comment

Re:The missing profits of nations by Retric on Thursday July 26, 2018 @07:44PM (#17622344)
You don’t add percentages that way. 20% tax on a 20% tax on a 20% tax = 48.8% tax not 60% tax.
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Re:The missing profits of nations by candiodari on Thursday July 26, 2018 @08:02PM (#17622429)
I did calculate them like that, actually.
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Re:The missing profits of nations by Retric on Thursday July 26, 2018 @10:13PM (#17622975)
Write down the calculation that hits 81% tax using a specific location and actual taxes for a single company.
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