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A comment on Biden eyeing tax rate as high as 43.4% in next economic package. Parent comment

Re:Biden eyeing tax rate as high as 43.4% in next economic p... by User23 on Thursday April 22, 2021 @02:59PM (#26906708)
Look up double Irish with a Dutch sandwich. Not really my area of expertise, but in the past at least basically all big tech companies used that strategy.
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Re:Biden eyeing tax rate as high as 43.4% in next economic p... by zepto on Thursday April 22, 2021 @03:18PM (#26906953)
I don’t need to look it up, I know what it is.

The proposal would hit every business not just a few tech giants.

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Re:Biden eyeing tax rate as high as 43.4% in next economic p... by jjoonathan on Thursday April 22, 2021 @03:27PM (#26907053)
Yeah, everyone knows what it is, and has known for a long time. It goes to show that the loophole is not an accident but rather an intentional result of our political process. Unfortunately.
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