Fun fact, one of the first executive orders Trump signed when he got to office a year ago was a global effort to min tax companies so they can’t easily just setup tax shelters. …
President Trump’s January 2025 Executive Order (EO) rejected the OECD’s (Organisation for Economic Co-operation and Development) global minimum tax deal, asserting it has “no force or effect in the United States,” aiming to preserve U.S. tax sovereignty, protect American businesses from foreign overreach, and prevent higher taxes, with the Treasury later securing an agreement exempting U.S. companies from Pillar Two’s 15% minimum tax.
BubbasBack on
Because taxing the rich isn’t an option as long as there’s still a middle class to squeeze. If the Liberals can get a secure majority I fully expect them to implement their inheritance tax because it will hit the middle class the hardest.
UnionGuyCanada on
Crisis in Healthcare, Healthcare corporations making record profits.
Crisis in food, food corporations making record profits.
Crisis in housing, housincorporatuons making record profits.
And on and on. Yet we have a steady stream of ‘media’ telling us it is red tape, or regulations causing the price increases. If only we just remove these troublesome barriers, prices will magically fall.
PineBNorth85 on
Everyone is afraid of losing them. Rich people hoarding money doesn’t help anyone. If you tax them and they leave – so be it.
doogie1993 on
Lol it’s not “missing”, these people are the rich or are bought and paid for by the rich. It wasn’t an oopsie that they left that part out
Zarxon on
Im waiting to see how it plays out. Carney is well off now, but I don’t think he didn’t came from money. Let’s see if he remembers the struggles.
The_Arachnoshaman on
At what point do excessive profits become theft?
The whole purpose of corporations was to originally serve the people, so all stakeholders can benefit from the organization. Shareholder primacy is fucking EVIL.
9 Comments
Fun fact, one of the first executive orders Trump signed when he got to office a year ago was a global effort to min tax companies so they can’t easily just setup tax shelters. …
President Trump’s January 2025 Executive Order (EO) rejected the OECD’s (Organisation for Economic Co-operation and Development) global minimum tax deal, asserting it has “no force or effect in the United States,” aiming to preserve U.S. tax sovereignty, protect American businesses from foreign overreach, and prevent higher taxes, with the Treasury later securing an agreement exempting U.S. companies from Pillar Two’s 15% minimum tax.
Because taxing the rich isn’t an option as long as there’s still a middle class to squeeze. If the Liberals can get a secure majority I fully expect them to implement their inheritance tax because it will hit the middle class the hardest.
Crisis in Healthcare, Healthcare corporations making record profits.
Crisis in food, food corporations making record profits.
Crisis in housing, housincorporatuons making record profits.
And on and on. Yet we have a steady stream of ‘media’ telling us it is red tape, or regulations causing the price increases. If only we just remove these troublesome barriers, prices will magically fall.
Everyone is afraid of losing them. Rich people hoarding money doesn’t help anyone. If you tax them and they leave – so be it.
Lol it’s not “missing”, these people are the rich or are bought and paid for by the rich. It wasn’t an oopsie that they left that part out
Im waiting to see how it plays out. Carney is well off now, but I don’t think he didn’t came from money. Let’s see if he remembers the struggles.
At what point do excessive profits become theft?
The whole purpose of corporations was to originally serve the people, so all stakeholders can benefit from the organization. Shareholder primacy is fucking EVIL.
After [Rutger Bregman’s talk a few years ago](https://youtube.com/watch?v=P8ijiLqfXP0), I’m sure they screen folks very carefully.
Lol but they are the rich , every single one in Davos , including the good and the bad . No one works against their own self interest! Not even God