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A comment on Facebook tax court trial begins over Ireland offshore deal. Parent comment

Re:Facebook tax court trial begins over Ireland offshore deal by andrepd on Wednesday February 19, 2020 @12:27AM (#22363249)
What about closing the loopholes? They're known for decades, why not stamp down, with teeth, on this sort of thing?
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Re:Facebook tax court trial begins over Ireland offshore deal by seibelj on Wednesday February 19, 2020 @12:29AM (#22363254)
There will always be loopholes. Any corporate tax rate above 0% will have carve outs for any number of industries that are favored for any number of reasons. If it was 0, huge swaths of busy-work jobs in law and tax industries would go away. They provide no value to society.
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Re:Facebook tax court trial begins over Ireland offshore deal by andrepd on Wednesday February 19, 2020 @10:55AM (#22366576)
But in a capitalist system, that which could be good is a problem. Now you have swathes of people who become unemployed. You now probably have to support them with welfare (and without corporate tax revenue to boot :)).
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