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A comment on Global minimum corporate tax: 130 nations to support U.S. proposal. Parent comment

Re:Global minimum corporate tax: 130 nations to support U.S.... by robertlagrant on Monday July 12, 2021 @02:46PM (#27813603)
> All we have to do to avoid the "taxes too high" problem is be aware of it and decide not to do that,

This method contains no incentives to do it (competition) and no way to establish what is "too high" (also competition).

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Re:Global minimum corporate tax: 130 nations to support U.S.... by ineptech on Tuesday July 13, 2021 @08:47PM (#27828136)
Yeah, it won't cure baldness either. What it will do is solve a specific problem (countries undercutting each other and driving the tax rate to zero) which AFAIK has no other solution. The fact that it doesn't also solve a different problem we don't yet have is not a good reason to abandon it.
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