Re:U.S. business contributes smallest share of federal taxes...
by conanbatt on Wednesday May 22, 2019 @04:13PM
(#19984990)
> The problem with corporate taxes is that it's a race to the bottom.
That's not the problem. Thats the solution. How else would countries compete with each other to not nationalize any company at the whim of a politician.
> you need either international agreements to increase those taxes
You really don't. The US could ban any company with server outside the US and then will not have a problem of jurisdiction. An international agreement means monopolization of government, and thankfully, you only need a few countries to not sign it to keep everything.
That's not the problem. Thats the solution. How else would countries compete with each other to not nationalize any company at the whim of a politician.
> you need either international agreements to increase those taxes
You really don't. The US could ban any company with server outside the US and then will not have a problem of jurisdiction. An international agreement means monopolization of government, and thankfully, you only need a few countries to not sign it to keep everything.
Competition is a beautiful thing indeed!