Posted on 11/01/2023 6:15:35 AM PDT by ChicagoConservative27
The IRS is cracking down on domestic tax evasion by going after wealthy individuals and complex private partnerships, but some of the biggest tax evaders — U.S. multinational corporations — are still exploiting legal gray areas to stash money overseas and keep it out of the government’s reach.
Fed up with a stalled international effort at the Organization for Economic Cooperation and Development (OECD) to rein in the use of tax havens and put a global corporate minimum tax into force, African countries at the United Nations are now leading a charge for greater transparency and fairness in international tax.
(Excerpt) Read more at thehill.com ...
In general, taxes are theft.
Lol. Looters and moochers.
“some of the biggest tax evaders — U.S. multinational corporations — are still exploiting legal gray areas to stash money overseas and keep it out of the government’s reach”
There used to be a 44% retained income tax as I recollect.
Globalists looking for new sources of graft.
Taxes often are theft, but roads, schools and the military cost big money.
The VA budget will be around $300 billion. That’s about $3600/per family of four.
if there are ‘legal gray areas’ that’s the fault of the tax code, and ultimately, congress; DONT blame it on businesses trying to protect themselves from rapacious governments.
There is no “international taxes” since there is no taxing authority.
Efforts to make such authority must be resisted vigorously.
And “taxing fairness” isn’t about the taxing but it’s about funding, about piggies squealing that they could be eating at a bigger trough....
Put another way, "following the law..."
Why give any money to the UN when burning the money is faster and far more moral?
Oh, we should check to see if there are Hamas tunnels beneath the UN building. If so, let me have an F-15 and I gladly volunteer to take care of the situation.
Corrected that.
And the felony Biden family taking and hiding hundreds of millions paid to them by the Communist Chinese regime??????
Oh wait.....they're DemocRATs!
Funny but I didn’t read where they were doing anything illegal. Just disapproval from the Democrat party
“U.S. multinational corporations — are still exploiting legal gray areas to stash money overseas and keep it out of the government’s reach.”
You IRS assholes wrote the rules. Am I right? The director said they’re going after people making under $400000. Doesn’t sound like billionaires to me.
“a global corporate minimum tax into force “
I bet most don’t even know this thing exists.
NO MORE TAXES , especially for the disaster UN
How about ZERO business taxes? Problem solved. After all, businesses don’t pay taxes. They just collect taxes from their customers. Simplicity solves many complex problems.
Indeed thy Biden syndicate chuckles
Tax George Soros, Bill Gates, Warren Buffett, the Clintons, the Bidens, Mitcg McConnell etc etc. All have their “foundations” that they launder money thru.
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