Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo
Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo
The gap between the super-rich and the bulk of the global population has been supercharged since COVID-19's onset, according to Oxfam International.
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Yes please. Can we tax billionaires out of existence? That would be awesome
I think we all know which one country will veto ideas like this 🤔
Switzerland?
Ok two countries, smartypants 😂
Yeah, like the Russian oligarchs want to be taxed out of existence. That would make 3
UK has entered the chat...
UK, US? Stop pretending like Switzerland is somehow the only country where the rich can hide their wealth.
I know you swiss are notoriously humorless so I'll let you in on the secret. That was a joke.
I’ve always heard that Germans are notoriously humorless. Never heard that about the Swiss.
Then again, I’ve actually seen German comedians (funny ones). I’ve never heard of Swiss comedians.
Shouldn’t jokes be funny? Or jokes?
It's called subversion of expectations. People expected the answer to be The United States. Stating another country that is also known for harboring tax evaders instead of the US is funny.
Yeah that only works if you would not state a country that everyone always claims to be the worst offender. Answering with US would have actually been funny.
Yup. And it was.
I assume you're alluding to the United States, though a little different than what this article is suggesting they're actually in on the global corporate minimum tax rate deals, Biden backed it.
https://en.m.wikipedia.org/wiki/Global_minimum_corporate_tax_rate
Still has to be ratified of course, and uh, easier said than done with congress the way it is at the moment.
https://www.reuters.com/business/finance/global-tax-deal-risk-first-pillar-teeters-2023-06-16/
Yeah, the US would love for tiny tax havens like Malta or Jersey to ratify these tax treaties. Ireland had to be almost beaten up by the rest of the EU to stop cheating them out of tax money.
So many companies, like Apple, were designing things in America, producing things in Asia, selling them around the world, and pretending a 100 person office in Dublin controlled everything. It was like the Mafia guy who owns nothing because his mom or his girlfriend or friends own a bunch of houses and businesses. It's obviously fake.