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A comment on G7: Rich nations back deal to tax multinationals. Parent comment

Re:G7: Rich nations back deal to tax multinationals by cblconfederate on Saturday June 05, 2021 @08:10AM (#27404225)
This taxes everyone along with the multinationals. The complex deals they do mean they always pay a lot less than the 12.5% or whatever the tax rate is so i don't see how raising it for everyone else will help
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Re:G7: Rich nations back deal to tax multinationals by galangalalgol on Saturday June 05, 2021 @09:30AM (#27404831)
A flat tax on business without deduction seems like it would squash smaller players that must devote a larger percentage of their profits to fixed costs.
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Re:G7: Rich nations back deal to tax multinationals by EastSmith on Saturday June 05, 2021 @01:09PM (#27406771)
Deduction means hiring people to do your deductions. Flat rate for everyone means less money spent on tax consultants.
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Re:G7: Rich nations back deal to tax multinationals by galangalalgol on Saturday June 05, 2021 @01:22PM (#27406892)
I was thinking of either a standard deduction, or a deductionless progressive tax
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