Global minimum corporate tax: 130 nations to support U.S. proposal

Re:Global minimum corporate tax: 130 nations to support U.S.... by 8note on Thursday July 01, 2021 @09:15PM (#27706882)

There are taxes other than income taxes

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Re:Global minimum corporate tax: 130 nations to support U.S.... by refurb on Thursday July 01, 2021 @09:58PM (#27707125)

Enough to offset the EITC? Most low income folks pay a negative tax rate.

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Re:Global minimum corporate tax: 130 nations to support U.S.... by medvezhenok on Friday July 02, 2021 @10:32AM (#27712016)

I would consider also consider basic rent & food as sort of a "survival tax" if you will, and count it into the equation.

The only useful number is not % tax difference between rich & poor, but % leftover for discretionary spending.

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Re:Global minimum corporate tax: 130 nations to support U.S.... by refurb on Friday July 02, 2021 @12:35PM (#27713732)

You might consider those taxes but nobody else does.

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