mileslunn
Junior Chimp
Posts: 5,830
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« on: July 12, 2021, 09:32:16 PM » |
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Good overall but understand why some countries oppose it. This helps avoid race to bottom and thus countries can raise enough revenue to fund programs they want without having to put too much burden on individuals. On other hand I can understand that in some small countries, low corporate tax is only thing they have going for them. US is large enough that corporations will naturally want to locate there thus this is a good thing for them. However I can see why Ireland may oppose this as without its super low corporate tax, its unlikely many corporations would put their headquarters there and they would be a lot worse off.
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