Re:The US Is the Lowest Taxed Large Developed Economy in the...
by HoochieKoo on Monday August 06, 2018 @03:19PM
(#17700790)
I find it interesting that Ireland is the lowest taxed country yet they have bet the farm on providing a haven for companies to avoid paying taxes back home. It’s a gamble they’ve made which seems to paying off but I’ve heard that if other countries closed this loophole they it would absolutely devestate the Irish economy.
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Re:The US Is the Lowest Taxed Large Developed Economy in the...
by test6554 on Monday August 06, 2018 @04:00PM
(#17701202)
I know it feels a little unfair to people of higher tax countries who feel like they deserve certain services from their government and (at least the majority) are willing to pay for those services through their taxes. But another cost of these government services that they need to be aware of is that it makes it more difficult to attract large multi-national employers to the country. Large companies can choose which country they are taxed in just like you and I can choose which market we shop at. If your preferred market decides to raise prices while another decides to lower them, this would not be considered a loophole. It would be considered business savvy or competition.
Re:The US Is the Lowest Taxed Large Developed Economy in the...
by moorhosj on Monday August 06, 2018 @04:29PM
(#17701490)
==Large companies can choose which country they are taxed in just like you and I can choose which market we shop at. If your preferred market decides to raise prices while another decides to lower them, this would not be considered a loophole. It would be considered business savvy or competition.==
To complete your market analogy, can you explain what "services" the country provides the company?