Re:40% of multinational profits are shifted to tax havens ea...
by disintegore on Tuesday November 19, 2019 @09:43AM
(#21573251)
This is a good point, actually. Attributing the blame to an extreme minority of people (billionaires) is counter-productive. The problem is not their individual moral failings (however numerous) but the system that permits them to exist and incentivizes their parasitic and exploitative practices.
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Re:40% of multinational profits are shifted to tax havens ea...
by Redoubts on Tuesday November 19, 2019 @10:38AM
(#21573987)
That extreme minority of people have a lot more power to influence the system than the common man. It makes one wonder how the system got to be the way it is in the first place.
Re:40% of multinational profits are shifted to tax havens ea...
by disintegore on Tuesday November 19, 2019 @10:54AM
(#21574223)
I don't mean to diminish their effect on the world. What I'm saying is that if we take down Epstein and lapidate Bezos and whatnot, some other unscrupulous person will take their place.
Re:40% of multinational profits are shifted to tax havens ea...
by Red_Leaves_Flyy on Tuesday November 19, 2019 @11:34AM
(#21574861)
That's a bridge to cross when it's arrived at. As it is impossible to foresee every eventuality we can only deal with the problems at hand taking reasonable precautions in the process.
Re:40% of multinational profits are shifted to tax havens ea...
by davidwitt415 on Tuesday November 19, 2019 @02:18PM
(#21577025)
'The system that permits them' is far too passive a voice, because the rich have aggressively gamed the system and rigged it to their advantage. The IRS is badly outgunned by armies of accountants and lawyers playing shell games and at best exploiting quasi-legal loopholes, or committing outright fraud.
Re:40% of multinational profits are shifted to tax havens ea...
by excursionist on Tuesday November 19, 2019 @11:18AM
(#21574599)
Don't forget that these people have tremendous amount of power and influence in politics and work hard to keep these loopholes open for themselves.