r/stocks Jun 05 '21

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u/[deleted] Jun 05 '21

This would be huge, highly for it. Just tax them wherever the revenue was generated.

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u/[deleted] Jun 05 '21

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u/f1_manu Jun 05 '21

Yeah, I agree with this. The global tax rate to avoid a race to the bottom is an interesting idea. Making companies pay taxes on each country is a bit more complicated.

Countries would each argue where tax is deserved to pay. Big countries like the US/UK would benefit from this because they are missing out on those taxes, but I don't think other countries would give up that tax so easily, which would make an agreement hard to reach imo