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by pembrook 2784 days ago
>but politicians are jealous and incompetent

...well they did create these tax loopholes in the first place. That’s pretty much the definition of incompetence.

So are you arguing that corporations should pay more tax than they are legally required as a gift of charity to countries? If so, how much? What if a competitor decides to pay less?

2 comments

The politicians in the US, Germany and France didn’t create the loopholes tech companies use in Ireland. The globalization of business is what allows maneuvers like the “Dutch Sandwich”. Taxation hasn’t really adjusted to this type of international tax avoidance. It will likely be a prominent discussion over the next 20 years based on the Panama Papers.
Corporates likely helped shape those loopholes, and viciously fought the legislation the entire way. Let's not pretend these corps are innocent victims here.