Re:Microsoft Irish subsidiary paid zero corporate tax on £22...
by ulzeraj on Thursday June 03, 2021 @07:34AM
(#27379688)
> company payable tax on the labour a company uses
Wouldn't that create a perverse incentive to hire less and overload the remaining employees? I say this because that's exactly what it does on my home country.
Re:Microsoft Irish subsidiary paid zero corporate tax on £22...
by neilwilson on Thursday June 03, 2021 @07:41AM
(#27379757)
"Wouldn't that create a perverse incentive to hire less and overload the remaining employees? "
That rather depends whether there are more jobs than people that want them.
If there isn't then you need a public job Guarantee option to swing the balance of power.
We want the private sector to hire less and automate more. That's how we push forward productivity. What we want to remove from them is the "what about the jobs" argument. Then it all works.
Re:Microsoft Irish subsidiary paid zero corporate tax on £22...
by hhjinks on Thursday June 03, 2021 @07:42AM
(#27379775)
Then give workers actual rights and the ability to unionize.
Which is what Microsoft is doing.
Alternatively lobby your government to replace corporation tax with a company payable tax on the labour a company uses - which is actually what tax is for: to release manpower for the government use.
Then Microsoft can't avoid it by profit shifting.