G7 reach deal to tax big multinational companies

[The Derpy Democratic Republic Of Herp]

Greedy government fat cats try to seize more money that doesn’t belong to them. What a surprise.

Even if this was true, better them than greedy corporations who exploit the working people and spew carbon in the air.

[Berhakonia]

I honestly couldn’t care less what the G7 do. I’m just watching YouTube and doing nothing productive.

We thank you for your valuable contribution to the thread.

Kinda passive aggressive no?

Also, this new G7 resolution is ridden with flaws, like other users have pointed out. I'm not super big on international tax law, but the chances of the G7 doing anything to harm multinationals is close to zero.

[Dakini]

I honestly couldn’t care less what the G7 do. I’m just watching YouTube and doing nothing productive.

What is even the point of making a post like this? If you don't care, keep watching videos on YouTube instead of telling us how you don't care.

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I think this sounds like a start, but it doesn't go far enough. The minimum tax rate should be higher.

[Vikanias]

I honestly couldn’t care less what the G7 do. I’m just watching YouTube and doing nothing productive.

What is even the point of making a post like this? If you don't care, keep watching videos on YouTube instead of telling us how you don't care.

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I think this sounds like a start, but it doesn't go far enough. The minimum tax rate should be higher.

Yeah while you guys debate on a group of nations decide to do something about something, we are doing the exact same thing but on different sites.

[Mercatus]

Greedy government fat cats try to seize more money that doesn’t belong to them. What a surprise.

Even if this was true, better them than greedy corporations who exploit the working people and spew carbon in the air.

That also means they get a higher level of control over goods and services these corporations provide, and by extension our use of those products. They really need to just butt out of shit like this. If we are to even have taxes, then it should be in the form of a flat tax on individuals.

[Northern Socialist Council Republics]

That also means they get a higher level of control over goods and services these corporations provide, and by extension our use of those products. They really need to just butt out of shit like this. If we are to even have taxes, then it should be in the form of a flat tax on individuals.

Your conclusion doesn't follow from your premise. You act as if state restrictions on the provision and consumption of goods and services is so obviously bad as to not need explanation, but I for one would question that hidden assumption.

Ownership is not an objectively observable physical trait. If I sell my laptop to someone else, nothing materially changes about the laptop. All that changes is what society will permit us to do with the laptop. Property rights are a social construct. Social constructs should exist only to the extent, and should exist in the form, that best supports the well-being of the community.

[New Swaraelia]

That also means they get a higher level of control over goods and services these corporations provide, and by extension our use of those products. They really need to just butt out of shit like this. If we are to even have taxes, then it should be in the form of a flat tax on individuals.

Your conclusion doesn't follow from your premise. You act as if state restrictions on the provision and consumption of goods and services is so obviously bad as to not need explanation, but I for one would question that hidden assumption.

Ownership is not an objectively observable physical trait. If I sell my laptop to someone else, nothing materially changes about the laptop. All that changes is what society will permit us to do with the laptop. Property rights are a social construct. Social constructs should exist only to the extent, and should exist in the form, that best supports the well-being of the community.

If that wasn't the most brutalist way to describe all of property law...

[Northern Socialist Council Republics]

If that wasn't the most brutalist way to describe all of property law...

I am, as multiple people have pointed out over the years, a godless socialist after all. :p

I find that, when people speak of lofty concepts like "property rights", you can often gain a lot of insight by thinking about what part of basic material reality such concepts are supposed to be an abstraction of.

[New Swaraelia]

I am, as multiple people have pointed out over the years, a godless socialist after all.

I find that, when people speak of lofty concepts like "property rights", you can often gain a lot of insight by thinking about what part of basic material reality such concepts are supposed to be an abstraction of.

That's both a greatly encouraging and deeply frightening way of looking at life, for on the one it's a great way of seeing the 'big picture', and on the other I would think it unfairly disregards the many benefits a "social construct" can provide, even if (or just because) it's inherently abstract. Perhaps not in the laptop example though, because I guess libraries do exist

[Borderlands of Rojava]

Greedy government fat cats try to seize more money that doesn’t belong to them. What a surprise.

I see you're siding with the greedy Wallstreet fat cats instead.

Let me ask you something, you know in a society you need taxes to do things like have a healthcare system or keep the roads from falling apart right?

[New Jacobland]

Greedy government fat cats try to seize more money that doesn’t belong to them. What a surprise.

I see you're siding with the greedy Wallstreet fat cats instead.

Let me ask you something, you know in a society you need taxes to do things like have a healthcare system or keep the roads from falling apart right?

Watch these countries not actually raise taxes on Amazon. It isnt like this hasn't happened before where the UN "reached a deal" to do something and then didn't do shit (climate change).

How did you think he was supporting the Wall Street fat cats? It seems clear to me that he was roundly criticising them.

[Ifreann]

The charity Oxfam are saying that 15% is too low. But I think that misses the point. This only works if it becomes global, and that will only happen by agreement of countries. It starts with the G7, then hopefully the G20 agree to it. Agreement is more likely with a low ball figure. If we can get everyone to agree to a low ball figure it gives the big multinationals nowhere to hide. If we try for a high ball figure and nobody signs up the whole exercise fails. It has to be done by agreement, because we don't want large countries imposing corporate tax rates on smaller countries by force and enforcing them with sanctions. Maybe a little arm twisting to get Ireland to go along, but definitely no force.

Is Priti Patel going to threaten another famine again?

[Borderlands of Rojava]

I am, as multiple people have pointed out over the years, a godless socialist after all.

I find that, when people speak of lofty concepts like "property rights", you can often gain a lot of insight by thinking about what part of basic material reality such concepts are supposed to be an abstraction of.

That's both a greatly encouraging and deeply frightening way of looking at life, for on the one it's a great way of seeing the 'big picture', and on the other I would think it unfairly disregards the many benefits a "social construct" can provide, even if (or just because) it's inherently abstract. Perhaps not in the laptop example though, because I guess libraries do exist

Social constructs don't really exist but they do play a role in society. I mean it's debatable if God exists or not but even if there is no God, the people at the local mosque or catholic church in my area still find alot of meaning in their religion and a way of life. Race is a construct in the sense that there aren't definable biological races and people are pretty much the same beneath the skin, but that fact didn't save Emett Till's life, or the lives of the victims of Adolf Hitler, or the Karen or Rohynga peoples in Myanmar or the Tutsi or the Muslims at the Christchurch mosque or the European descended farmers in Zimbabwe.

[Borderlands of Rojava]

I see you're siding with the greedy Wallstreet fat cats instead.

Let me ask you something, you know in a society you need taxes to do things like have a healthcare system or keep the roads from falling apart right?

Watch these countries not actually raise taxes on Amazon. It isnt like this hasn't happened before where the UN "reached a deal" to do something and then didn't do shit (climate change).

How did you think he was supporting the Wall Street fat cats? It seems clear to me that he was roundly criticising them.

Sounds like he's criticizing government for taxation.

[Ifreann]

That's both a greatly encouraging and deeply frightening way of looking at life, for on the one it's a great way of seeing the 'big picture', and on the other I would think it unfairly disregards the many benefits a "social construct" can provide, even if (or just because) it's inherently abstract. Perhaps not in the laptop example though, because I guess libraries do exist

Social constructs don't really exist but they do play a role in society. I mean it's debatable if God exists or not but even if there is no God, the people at the local mosque or catholic church in my area still find alot of meaning in their religion and a way of life. Race is a construct in the sense that there aren't definable biological races and people are pretty much the same beneath the skin, but that fact didn't save Emett Till's life, or the lives of the victims of Adolf Hitler, or the Karen or Rohynga peoples in Myanmar or the Tutsi or the Muslims at the Christchurch mosque or the European descended farmers in Zimbabwe.

Social constructs do exist.

[Ethel mermania]

Everyone is talking about the floor and I think where the revenue is booked is more important.

It needs to be taxed in the country from where the purchase is made, not where its being sold from. That way if Ireland wants to tax at 12.5% God bless them, it effects no one but the Irish, and has no bearing on taxation based on revenue earned from France

[The Blaatschapen]

Everyone is talking about the floor and I think where the revenue is booked is more important.

It needs to be taxed in the country from where the purchase is made, not where its being sold from. That way if Ireland wants to tax at 12.5% God bless them, it effects no one but the Irish, and has no bearing on taxation based on revenue earned from France

This.

I agree with it.

If I spend my money on goods from home on the internet, the tax revenue should be taxes in the place my home is. Similar as how if I go to a local store, the tax revenue goes to the local authority.

This also sidesteps the issue where if I just might not like that Amazon books the revenue in <disagreeable nation>.