Hacker News new | ask | show | jobs
by onetimeusename 1905 days ago
Another question is what do jurisdictions do with excess corporate tax revenue they don't need? A lot of "tax havens" have no need for more revenue.

But that said the US has pushed a lot of countries into tax treaties and it sounds like they can effectively embargo countries that don't comply with US tax policies. So I think the US has ways of getting what it wants.

1 comments

There is a joke about this: some guy goes to the market to buy chickens and he sees a seller that was asking 2 times more than the other sellers, so he is asking why. The sellers says: "I need the money". All the countries need money, it's just that some countries spend it wisely and others go crazy.