While I have never looked deeply into the topic of big business corporate taxes, I do share a strong suspicion that the corporate tax system is flawed, and would be supportive of reform in the system. Including international cooperation for solving this.
But the way they went about this is disappointing.
There should be a way to solve this that would still allow countries to compete in attracting businesses. They talk as if they want everybody to settle for mediocrity.
> Treasury Secretary Janet L. Yellen has warned that a global “race to the bottom” has been eating away at government revenues.
This literally sounds like something a cartel would say.
But the way they went about this is disappointing.
There should be a way to solve this that would still allow countries to compete in attracting businesses. They talk as if they want everybody to settle for mediocrity.
> Treasury Secretary Janet L. Yellen has warned that a global “race to the bottom” has been eating away at government revenues.
This literally sounds like something a cartel would say.