Thread: News Stories
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Old 2012-12-03, 17:48   Link #24941
Jinto
Asuki-tan Kairin ↓
 
 
Join Date: Feb 2004
Location: Fürth (GER)
Age: 43
Quote:
Originally Posted by ganbaru View Post
A interesting reading: As Companies Seek Tax Deals, Governments Pay High Price
http://www.nytimes.com/2012/12/02/us...ions.html?_r=0
The multinationals neither care about local or national tax. And on the national tax level, there exist tax evading schemes that makes them pay like 2 to 5% in income tax.

Only an international effort that levels the playing field could provide the means to make them pay more taxes. However, the own interests of the very nations that could benefit from a concerted approach, stands in the way of getting there. Every nation wants to outsmart the others... in the end they all loose - being outsmarted by multinational corporations (this applies also for states on national level and cities on state level).
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