Re:Tech Apple loses EU court battle over 13B euro tax bill i...
by martinald on Monday September 16, 2024 @08:47AM
(#41555539)
Which country spends 50% of tax income on interest payments? UK spends 8.4% (which is much higher than it used to be because of higher interest rates at the moment - was historically half that).
The US fed government is at ~20% from a quick google, which again is much higher because of interest rates (which again are to come down). Canada spends 10%
Where are you getting this 50% from? For comparison, Walmart spent $550m or so on net interest in their last quarter - out of $8bn operating income, so not a huge difference in the private sector.
The US fed government is at ~20% from a quick google, which again is much higher because of interest rates (which again are to come down). Canada spends 10%
Where are you getting this 50% from? For comparison, Walmart spent $550m or so on net interest in their last quarter - out of $8bn operating income, so not a huge difference in the private sector.