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A comment on Atlanta Fed predicts -2.8% GDP. Parent comment

Re:Atlanta Fed predicts -2.8% GDP by saulpw on Monday March 03, 2025 @03:57PM (#43246605)
Sales or income tax will be a problem though.
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Re:Atlanta Fed predicts -2.8% GDP by criddell on Monday March 03, 2025 @04:03PM (#43246671)
True. We'll probably have to make the poem and picture about Jesus and do it through our new church in New Hampshire.
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Re:Atlanta Fed predicts -2.8% GDP by onlyrealcuzzo on Monday March 03, 2025 @04:03PM (#43246665)
Not if you sell in a state without income tax. And I imagine someone creative can probably find ways to make this not classify as income.
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Re:Atlanta Fed predicts -2.8% GDP by 0cf8612b2e1e on Monday March 03, 2025 @04:13PM (#43246813)
Solve the deficit at the same time!
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Re:Atlanta Fed predicts -2.8% GDP by arunabha on Monday March 03, 2025 @04:20PM (#43246902)
I hear the standard practice is to have the IP of the poem owned by a foreign entity(Ireland is pretty popular) and then for the US entity to pay a royalty of $50 trillion to the foreign entity so that the net revenue in the US is zero.

I believe it has it's own name - The double Irish.

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Re:Atlanta Fed predicts -2.8% GDP by ummonk on Monday March 03, 2025 @04:29PM (#43247010)
Yeah but then that only contributes to the GDP of Ireland, not the US.

Not coincidentally, Ireland has one of the highest GDP per capita in the world.

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Re:Atlanta Fed predicts -2.8% GDP by lotsofpulp on Monday March 03, 2025 @04:45PM (#43247208)
This only works within the European Union because the EU rules allow it.

It would not work between the US and Ireland.

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