Janet Yellen to call for global minimum corporate tax rate of 21%
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Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#2If the U.S. wants to make itself uncompetitive with high corporate tax rates, that is America's problem.
"Ireland's headline 12.5% corporate tax rate — much lower than most industrialized nations — has been key to attracting many multinationals to the country."
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#3If the U.S. wants to make itself uncompetitive with high corporate tax rates, that is America's problem. "Ireland's headline 12.5% corporate tax rate — much lower than most industrialized nations — has been key to attracting many multinationals to the country."
Can you guess what the _global_ in the name means?
I mean it's not called federal global minimum corporate tax rate.
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#4Isn't this basically global price fixing? It seems tremendously unfair to small businesses, at the very least.
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#5Why would another country, especially one that's doing just fine like Ireland, want to eliminate a competitive edge it has?
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#6If the U.S. wants to make itself uncompetitive with high corporate tax rates, that is America's problem. "Ireland's headline 12.5% corporate tax rate — much lower than most industrialized nations — has been key to attracting many multinationals to the country."
Congrats, they got more of the pie while reducing its total size. And getting my tax money on top of it via EU programs.
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#7If the U.S. wants to make itself uncompetitive with high corporate tax rates, that is America's problem. "Ireland's headline 12.5% corporate tax rate — much lower than most industrialized nations — has been key to attracting many multinationals to the country."
No idea why you're getting downvoted. This makes perfect sense. Especially for up and coming economies, they almost need to resort to these schemes. Anything "global" that doesn't take into account details of specific realities is usually a bad idea.
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#8Why would another country, especially one that's doing just fine like Ireland, want to eliminate a competitive edge it has?
Because the US has atomic bombs.
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#9Why would another country, especially one that's doing just fine like Ireland, want to eliminate a competitive edge it has?
So it doesn’t get locked out of the financial system by America
Re: Janet Yellen to call for global minimum corporate tax rate of 21%
#10If the U.S. wants to make itself uncompetitive with high corporate tax rates, that is America's problem. "Ireland's headline 12.5% corporate tax rate — much lower than most industrialized nations — has been key to attracting many multinationals to the country."
Let this be a lesson to click the link before going on a screed