business

Yellen's global tax plan meets resistance abroad and at home

8 Comments
By FATIMA HUSSEIN

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8 Comments
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The need a war to be paid too the US Treasury by others countries

-1 ( +1 / -2 )

War Tax

-1 ( +1 / -2 )

the global minimum tax deal is designed to subject large multinational firms to a 15% tax rate wherever they operate. 

And then the multinational firms will hire tax layers, accountants, and lobbyists (legal bribery) who then write the new globalist tax law with enough loopholes, they’ll have to go after the consumers, us. Same old crap.

3 ( +4 / -1 )

Sen. Mike Crapo of Idaho

The tax plan will happen. The resistance will be overcome.

-3 ( +0 / -3 )

tax the average Joe 

The average Joe is not a corporation, and having corporations paying some tax instead of getting a free ride is fine.

-2 ( +1 / -3 )

Because it was always a dumb plan. The globalists are really getting over their skies on so many things.

1 ( +2 / -1 )

ensure that corporations fairly share the burden of financing government

”Fair”?

Never even defined properly, so is it any wonder this agreement looks almost hopeless?

It reminds me of the late great Walter Williams, who said:

“I keep what I earn and you keep what you earn. Do you disagree?…how much of what I earn belongs to you–and why?”

”If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.”

Corporations are just people too, and therefore taxes on them are again just taxes on people.

“It also hopefully stops countries from cutting their taxes relative to other countries," he said.

What is the point of being a country if you can’t decide your own tax policies?

This tax cartel by spend-thrift governments (which now have triggered horrid inflation) ought to die.

Different countries are free to decide for themselves how big or small their governments should be, and therefore, how big or small their tax burdens and their composition ought to be.

There is no sense in all countries signing up to this tax cartel agreement and ignoring the voices of their own democratic people. (Well Japan democracy doesn’t work like that anyway but you know.)

1 ( +1 / -0 )

“It also hopefully stops countries from cutting their taxes relative to other countries," he said.

its all about taking sovereignty away but by bit.

Well, no thanks!

Let the US do what it wants within its own borders, not outside…

1 ( +1 / -0 )

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