Biden is just imposing the 15% minimum corporate tax that 136 countries agreed to, so as to

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Biden is just imposing the 15% minimum corporate tax that 136 countries agreed to, so as to

Author: TyroneIrish (17067 Posts - Joined: Oct 8, 2020)

Posted at 7:25 pm on Jul 28, 2022

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avoid the nettlesome 'discount shopping' by international corps (see link).

Link: https://www.weforum.org/agenda/2021/11/global-minimum-tax-rate-deal-signed-countries/

Replies to: "Biden is just imposing the 15% minimum corporate tax that 136 countries agreed to, so as to"

What will the corps who get a 15% tax increase in Dem Bill do with the price of their products? - BaronVonZemo - 7:07pm 7/28/22 (18) [View All]
- Other than the ACA stuff, hard to argue the Dems give a shit about American people [NT] - LanceManion - 11:23pm 7/28/22
  - Other than ACA, huh? How are medical costs now vs 10 yrs ago? [NT] - BaronVonZemo - 2:26am 7/29/22
    - The ACA is BS - I’m merely saying there’s nothing in the bill that even remotely helps average peeps - LanceManion - 8:57am 7/29/22
      - I agree, but would categorize Obamacare as an unmitigated disaster that will be hard to eclipse. [NT] - BaronVonZemo - 1:46am 7/30/22
- You know what would be great? You and your pals here could be passionate about the PACT act - jimbasil - 9:14pm 7/28/22
- If you want to move the ball towards the end zone, vote Democrat. - conorlarkin - 9:11pm 7/28/22
- What about the Eighty Billion for the IRS in the bill to come after the poor taxpayers wallets - lmcdonald - 8:32pm 7/28/22
- DC hates us. [NT] - Cole - 7:30pm 7/28/22
  - And again, what will happen to the price of products of corps hit with a 15% tax increase? - BaronVonZemo - 8:36pm 7/28/22
    - People with a union mindset like this type of stuff. [NT] - LanceManion - 11:36pm 7/28/22
      - Yep&it's a new 15% increase in product prices not there before the bill on top of existing inflation [NT] - BaronVonZemo - 2:05am 7/29/22
    - No different than if the product is produced by 135 other countries who will also assess the 15% tax [LINK] - TyroneIrish - 11:34pm 7/28/22
- Biden is just imposing the 15% minimum corporate tax that 136 countries agreed to, so as to [LINK] - TyroneIrish - 7:25pm 7/28/22
  - china’s part of that right? [NT] - WestCoastIrishFan - 9:41pm 7/28/22
    - How did you know? [NT] [LINK] - TyroneIrish - 11:12pm 7/28/22
      - of course, China's current rate is 25%, so 15% only will make them more competitive. [NT] - WestCoastIrishFan - 7:10am 7/29/22
  - You didn't answer the question. [NT] - NedoftheHill - 8:06pm 7/28/22
    - C'mon Jack! Read the post man! [NT] - Stark Raving Dad - 8:23pm 7/28/22