Anyone else see Biden agreed to a global tax?

[MinnesotaFats]

Continuing to kill growth & Innovation here, Yellin, on behalf of Joe, along w the other G7 nations, agreed to implement a 15% global tax, effectively handing over all of technology Innovation & development growth to China & Russia.

This guy & his base are the worst thing to happen to the US growth businesses since the labor movement of the 40s

[NrmlCurvSurfr]

Minny, trump is not in office anymore…so it’s all good, plus we got some “free”money…win win

[MinnesotaFats]

Minny, trump is not in office anymore…so it’s all good, plus we got some “free”money…win win

You think tax policy for us companies being set by a group in London is good?

This is not a tax on profit btw, it's a tax on a determined profit margin, not allowing deduction for R&D or other expenses in the business.

The 1 thing that has made America great is the power of the local representatives to correlesque around an idea. If the Dem house goes along with this you might as well call us a socialist country...no more power within the localities.

[NrmlCurvSurfr]

You think tax policy for us companies being set by a group in London is good?

This is not a tax on profit btw, it's a tax on a determined profit margin, not allowing deduction for R&D or other expenses in the business.

The 1 thing that has made America great is the power of the local representatives to correlesque around an idea. If the Dem house goes along with this you might as well call us a socialist country...no more power within the localities.

I think we are on the same page, my dry sarcasm can, at times, fly high...I think policy should be decided by those who are invested, on a local level. And not solely capital investment, the people who live and work in a community should be the ones deciding policy. If you are not invested in a community, you don't decide policy, if you are not invested in a state, you don't decide policy, if you are not invested in a country you don't decide policy...and again, when i say investment, not solely capital...

[goduke]

Isn’t this preventing US companies from moving operations out of the US for easier tax rates? Wouldn’t this help keep jobs in the US?

[guitarjosh]

Isn’t this preventing US companies from moving operations out of the US for easier tax rates? Wouldn’t this help keep jobs in the US?

They'll leave the G7 countries.

[MinnesotaFats]

Isn’t this preventing US companies from moving operations out of the US for easier tax rates? Wouldn’t this help keep jobs in the US?

Absolutely not

They will leave for either China or Russia or worse, you'll get a non development country tax haven.

Imagine Bolivia as the home of all future tech....what could go wrong right?...

[TheGoldenGoose]

Fats... Talk to me about the Labor Movements of the 40's

[hawkwind]

Ph-ck dis SENILE CORRUPT EVIL joey backside

[cincinnatikid513]

less crazy people in politics the better

[jackpot269]

Fats... Talk to me about the Labor Movements of the 40's

Before my time I would also like the history lesson on this!!