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Re:40% of multinational profits are shifted to tax havens ea... by jfim on Tuesday November 19, 2019 @09:12AM (#21572931)
Another big issue with US taxes is that tax dollars aren't well spent.

I'd be happy to pay the amount of taxes I'm currently paying in California if tax dollars were used well, but as it stands the public schools are underfunded, the highways are full of litter on the side, higher education isn't free, healthcare isn't universal, social security is underfunded, public transportation is dysfunctional, and so on.

Re:40% of multinational profits are shifted to tax havens ea... by mywittyname on Tuesday November 19, 2019 @09:25AM (#21573061)
When it comes to international corporate interest, American tax dollars are extremely well spent. The US State Department, Military, and to a degree, Intelligence Agencies do everything they can to compel favorable treatment for large American companies from every other country.

I guess it's possible that large companies have outgrown the need for US Government support internationally and figure its cheaper and more effective to lobby the leadership of countries directly. The problem is that this approach opens up Western nations to a new form of neo-colonialism. When Western "democracies" are controlled by large corporations, the door is open for the state-owned companies of China or Saudi Arabia to acquire these companies, and thus, their influence over Western nations.

Re:40% of multinational profits are shifted to tax havens ea... by mcv on Tuesday November 19, 2019 @10:27AM (#21573819)
> "When it comes to international corporate interest, American tax dollars are extremely well spent."

That just makes it worse: people pay taxes but don't get value for their money, while corporations pay no taxes but get lots of value for other people's money.

Re:40% of multinational profits are shifted to tax havens ea... by buboard on Tuesday November 19, 2019 @11:02AM (#21574359)
This is true, US isnt so bad at public spending management. Still, that doesn’t make taxes voluntary
Re:40% of multinational profits are shifted to tax havens ea... by mcv on Tuesday November 19, 2019 @09:17AM (#21572974)
It's a different issue, but yes, I can totally see how people would be less happy about paying taxes when those taxes are wasted on stupid crap and not used to improve the situation of them and their fellow citizens.
Re:40% of multinational profits are shifted to tax havens ea... by sgc on Tuesday November 19, 2019 @09:36AM (#21573167)
It's not totally separate. Paying taxes to fund orphanages, or to fund weapons of mass destruction, or actual wars that one considers to be intrinsically immoral, are radically different acts - and the moral act of payment is affected. To fund an orphanage might be considered an obligation by many, while to fund an immoral war might be considered a form of slavery and the funds taken under duress.

In other words, the morality of paying taxes is directly dependent on the legitimacy of the government demanding payment. And that legitimacy in part derives from their very actions, for which in an ideal wold they would be held accountable.

Re:40% of multinational profits are shifted to tax havens ea... by chrisdhoover on Tuesday November 19, 2019 @10:12AM (#21573593)
California has high pension obligations that will only make the problem worse. The pension recipients refuse to discuss the matter. They wont even let grandfathered changes. Fees and taxes will continue to increase and services will be cut to pay pensions.
Re:40% of multinational profits are shifted to tax havens ea... by sokoloff on Tuesday November 19, 2019 @10:45AM (#21574079)
If you had a contract with the state to provide you money in retirement based on a career of working for the state, how much flexibility would you personally have on the state unilaterally changing the terms of your source of income?