News for hackers. Stuff that matters.
Re:Uber used 50 Dutch shell companies to dodge taxes on $6B ... by csomar on Thursday May 13, 2021 @08:00AM (#27141116)
Actually, the US gets to benefit from this. This money will be taxed in the US, at best; or repatriated as a deal at worst {https://www.bloomberg.com/news/articles/2019-12-19/u-s-compa...}.

> 88% of the cost of the US Fed gov is paid for by taxes by workers (income taxes). Less than 12% comes from all corp/business taxes combined with capital gains (taxing the rich 1%). Business shifting tax burden to workers is a massive scale problem. $3.5 Trillion = US Tax Revenues (2019) and 88% came from workers.

This is meaningless. You need to look at something called "fiscal pressure". If you remove employees taxes and increase corporate taxes, what you'll probably get is lower salaries. {https://en.wikipedia.org/wiki/List_of_countries_by_tax_reven...}

tl;dr: Taxes are a political topic when they should be a scientific one.

There are no comments on this comment yet.