This is a cynical attempt to make Biden’s potential increase in the US corporate tax rate more palatable - increase the US corporate tax rate and then push for other countries to match it. This won’t work as long as there are stable places for corporations to reside and take advantage of lower tax rates: Ireland, Singapore, etc.
This is a cynical attempt to make Biden’s potential increase in the US corporate tax rate more palatable - increase the US corporate tax rate and then push for other countries to match it. This won’t work as long as there are stable places for corporations to reside and take advantage of lower tax rates: Ireland, Singapore, etc.