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Re:Janet Yellen to call for global minimum corporate tax rat... by tvaughan on Monday April 05, 2021 @09:38AM (#26698760)
> there's the really common trick of keepin profits on the books near zero for a corporation to avoid taxes altogether.

https://slate.com/business/2012/07/xerox-parc-and-bell-labs-...

> The thing about this is that we ought to understand both PARC and its East Coast friend Bell Labs as in important respects outgrowth of the high marginal tax rates prevailing in postwar America. These were, lets recall, very high rates.

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