Trump bullied Canada over ‘digital taxes’ – and Ottawa submitted

a year ago by Davriellelouna to c/canada

The question now: will countries cave in to these threats or stick together and collect the billions they are rightly owed?

This is an excellent piece from Joseph Stiglitz.

Everyone should read it.

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streetfestival 60 points a year ago

I agree with the Nobel Laureate in economics, Joseph E Stiglitz, who wrote this.

Of course, when the most profitable companies in the world don’t pay their fair share of taxes, it just shifts the burden on to others.

Apple was so successful in avoiding taxes in Europe that it is estimated that it paid in some years a tax of just 0.005% on its European profits.

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nik282000 27 points a year ago

Apple was so successful in avoiding taxes in Europe that it is estimated that it paid in some years a tax of just 0.005% on its European profits.

And that is why stealing from a corporation is not a crime. They have deprived you, personally, of benefits and services that your government can not afford because of tax dodging. They are killing you, personally, by privatizing your health care, by opposing electrification, by using single use plastics for nearly all packaging. They are keeping you, personally, poor by suppressing wages, raising prices, and outsourcing labour to markets where slavery is not only tolerated but the norm.

You can not injure a corporation, you can not hurt it's feelings. Pirate, lie, steal, cheat, get every penny you can from the 1% and use it to help the other 99.

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streetfestival 5 points a year ago

Incredibly well said about corporate harms, thank you!

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lauha 3 points a year ago