Batman1948
Gonna fix all the leaks in this place
- Joined
- Jul 31, 2011
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Did you see the G7 conference members just passed a minimum 15% corporate tax rate globally. This is a step in the right direction to help prevent countries from attracting major corporations by giving them tax free status, for a stated period of time. The only problem with the G7 is that it does not include Russia, China or Mexico .They ship jobs out because the government taxes them through the roof so they find savings elsewhere. Labor is a huge expense for companies so if you can get it cheaper elsewhere then you offset your tax bill and make a profit. They aren't "evil". They are in business to make fracking money, not sing kumbaya.