[mschuster91]

> Wanting a global minimum tax is like one mafia asking the others to increase their protection charges so their clients don't leave.

No, it's to ensure that countries with extremely low operating costs thanks to few citizens and not a lot of space (Luxembourg, Switzerland, Ireland come to my mind) don't run price dumping on everyone else, allowing the rich elites to concentrate and extract profits while the countries that made that profit possible (by, for example, providing an educated workforce or a secure legal framework to solve conflicts) get nothing in return.

[tchalla]

I mean, the countries that made profit possible can decide to block countries with low operating costs. We all know why that doesn't happen.

[mschuster91]

No they cannot, at least not the "tax havens" in the EU - we don't have a "kick out" mechanism, and tax rules are on a state level.

[AdrianB1]

Switzerland is not a good example to support your idea, they are not very small, have no high density of population and they provide better services than US to their citizens for a lot less money (lower tax rate). They are more efficient and spend wiser.

[paconbork]

Far from nothing, companies allow the government to collect more payroll, property, income, capital gains, and sales taxes. Moreover, corporate taxes are a double taxation of which a sizable portion of the incidence falls on labor