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A comment on U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting Overseas. Parent comment

Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by sumtechguy on Monday May 24, 2021 @01:33PM (#27267264)
I personally like to use this site when this sort of thing comes up. It is not a perfect breakdown. But hits on what is going on on. https://www.usdebtclock.org/

Bottom line though is we are taking in about 3.5 and spending about 7. We are well past 'buy one less bomber'.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by medvezhenok on Monday May 24, 2021 @03:11PM (#27268482)
I would be careful to extrapolate a one-time injection like 2020 going forward, unless you expect a COVID shutdown & resulting stimulus to happen every year from now on. We're still running a deficit, sure, but it's not quite as it sounds.
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