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» LymeNet Flash » Questions and Discussion » Off Topic » Global Corporate Tax

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Author Topic: Global Corporate Tax
norin
LymeNet Contributor
Member # 52378

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Name one tax that has never risen or expanded. I can't find one.

https://www.cnbc.com/2021/10/08/oecd-reaches-deal-on-corporate-tax-after-ireland-agrees.html

Posts: 331 | From Texas | Registered: Jun 2021  |  IP: Logged | Report this post to a Moderator
hiker53
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So true.

I believe the idea of setting a global tax rate is so that some countries don’t entice away companies and workers from other countries.

Look at how much of the USA manufacturing has gone elsewhere because the taxes were cheaper. Maybe some of this manufacturing would stay in the USA.

That would create jobs and help our economy.

Look at how hard it is to find some items because they are made elsewhere and the global supply chain has been disrupted due to the pandemic. That has caused prices to go up.

So maybe the global tax set at 15% wouldn’t be all bad.

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Hiker53

"God is light. In Him there is no
darkness." 1John 1:5

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