News for hackers. Stuff that matters.

A comment on The fraying of the U.S. global currency reserve system. Parent comment

Re:The fraying of the U.S. global currency reserve system by pbourke on Sunday December 13, 2020 @01:55PM (#25409038)
I am surprised that no one has mentioned punitive taxation of companies that engage in offshoring/higher taxes on foreign direct investment as an alternative to tariffs.
[ Parent | on HN ]
Re:The fraying of the U.S. global currency reserve system by namdnay on Sunday December 13, 2020 @02:11PM (#25409169)
Taxing companies that offshore favours foreign competition even more, because they won’t be taxed.
[ Parent | on HN ]