News for hackers. Stuff that matters.

A comment on 40% of multinational profits are shifted to tax havens each year. Parent comment

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.
[ Parent | on HN ]
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?
[ Parent | on HN ]