[vmception]

Except all governments offer the creation of corporations, it is literally a shopping catalogue offered by every jurisdiction.

These jurisdiction brands are in competition with each other and they need to stay more attractive than the next.

[anoncake]

And that's a problem. Competition is (usually) good for the entities that can shop around. But companies' interests isn't what matters. Citizens' interests are.

[vmception]

The universe of citizens interests includes countries that are overleveraged and can never resolve their budgetary constraints, alongside countries that simply don’t need the additional revenue.

The tax collection expectation is based on hubris, and seems to misunderstand that countries have to figure out their own revenue structures, with national formalized taxes on profits being a new scheme, and international taxes being newer. This obviously brushes up against the capabilities of the nation state concept, as enforcing it even by the wealthiest country is an impractical game of whack-a-mole.

Countries should revisit how they are funded, because they are in competition. Its only a couple of the biggest countries that have egos about it.