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by roenxi 506 days ago
> US President Donald Trump has also announced that the USA will not introduce the global minimum tax.

Corporations are the legal structure that enables, creates and sustains modern life. Taxes reduce the amount of money that will be pushed through that structure. There are people who's entire worldly possessions were made by companies. It is a little more qualitative, but the people with the most and best corporations are typically the people with the most rapidly improving standards of living too.

Although it makes sense that people want to tax them, instituting a global minimum tax has always been a stupid idea. It is like mandating a minimum number of days people must not work, or that they have to ingest poison on. If anything there should be a global maximum tax rate. Leave countries the option to make the world better.

3 comments

This is a bit of a nieve view and I also get the sentiment you think taxes are some kind of punishment. Taxes are a charge on running the country and infrastructure good enough so that your business can profit and enhance an economy. If you think compabies are being taxed too much then you don't grasp how much profits they're actually making. And how much of the countries resource and infrastructure they take up.
I don't think you have gotten the sentiment at all. How did you get from what I wrote to seeing taxes as a form of punishment?
I guess the comparison to drinking a poison and having to not work, which sounds like you think that taxes are damaging. Taxes are the whip part of the monetary system, that compels everybody to work significantly more than they would otherwise, and which is behind the good things that you attribute to corporations.
> It is like mandating a minimum number of days people must not work, or that they have to ingest poison on

Sounds like you think that’s a bad thing (aka punishment).

By the way, the former is called “holidays” and is regulated by law in the majority of the world, the US is the odd one out. Even China has a 11-day minimum vacation policy.

Ah, fair enough. If you read the entire paragraph you will note that that was as out of stupidity and ignorance of the damages, not as a punishment. Nobody is trying to punish companies. I mean, case in point. Do you think holidays are an attempt to punish people? Obviously not.

And nobody forces people to take holidays. There are people who work two jobs, work on weekends, work over Christmas and founders that work 30 day months. All legal.

> It is like mandating a minimum number of days people must not work

This is exactly how it works in many European countries. By law, you can transfer a few vacation days to the next year (or have them paid out in some scenarios) but most of the time you’ll be strongly encouraged to simply use them all.

Which is dumb as hell. I didn't want to take more than 15 vacation days in 2024 and wanted to take much more/longer in 2025. Not possible because fucking eu politicians know what is better for me. Reasons like this are why EU is on a free fall.
> I didn't want to take more than 15 vacation days in 2024

You probably did not have to. Your employer could have simply paid you for your remaining days.

> and wanted to take much more/longer in 2025.

Again, you can do that. You can actually transfer your free days from year to year. This is not something the EU forbids so it may be dependent on how your country does it.

> Reasons like this are why EU is on a free fall.

It seems that the reason why EU is in a free fall, according to you, is your lack of understanding how things work.

Yes, I could take payment but I chose to take days off instead.

I wanted to but I'm limited to max five days transfer. When the biggest player in eu does this, that's a sign of how things are in eu.

Did I hit a nerve? Here's more for you: most people in eu are fucking lazy, incompetent, have no vision, bureaucratic with no eyes on the outcome/goals.

Corporations aren't the whole deal. You need governments too. Without governments COVID kills a billion people not a few million. Also without governments you don't have the structure to have corporations. You would have effectively flotillas of pirate ships shooting at each other, not the modern economy.
> Without governments COVID kills a billion people not a few million.

That's an absurd claim. There was no statistical evidence of any positive effect of lockdowns etc. on mortality: https://www.thelancet.com/journals/eclinm/article/PIIS2589-5... "Rapid border closures, full lockdowns, and wide-spread testing were not associated with COVID-19 mortality per million people."

Similarly https://onlinelibrary.wiley.com/doi/full/10.1002/hec.4737 :

"Using an event study approach and data from 43 countries and all U.S. states, we measure changes in excess deaths following the implementation of COVID-19 shelter-in-place (SIP) policies. We do not find that countries or U.S. states that implemented SIP policies earlier had lower excess deaths. We do not observe differences in excess deaths before and after the implementation of SIP policies, even when accounting for pre-SIP COVID-19 death rates."

The lowest mortality rates were in Africa, where governments did no intervention. Because the covid mortality rate was under 1% for anyone not very old or obese, and there aren't a billion very old/obese people in the world.

Covid kills a billion people without government?

Covid response is still one of yhe dumbest most cruel over reactions done in modern time. And the response and its after effect ( including the increase in vax mistrust and inflation ) probably killed and will continue to kill more than the virus ever would.

Polio or smallpox response is a much better description for government necessity.

Covid response is why the extreme libertans are gaining so much support.

Without government response we would still have smallpox and our children would still face paralyzation by polio. Those are much bettet examples of how critical good healthcare and vaccines are and they are provided via governments.

All covid response has done is ruin trust and split us up. O credits to any government exeot Sweden. 1 country on the whole planet kept reasonably sane.

The governmental over reach nutcracker covid response, backed by hysterical reddit, twitter and facebook users, has brought the danger of preventable lethal diseases back on the table.

I have never seen so much mistrust in authorities, healthcare and safety information since the utterly incompetent c19 response and media coverage.

I still cant get over how MAGA rallies killed people but BLM rallies a week later somehow did not.

  I even saw an article in Nature defending BLM rallies.   



If democracy ultimetly fails Id day the covid response was the first step its demise .