Quote:
Originally Posted by MaDalton
that is completely irrelevant to what i wrote.
The question is: Why should Minte pay 35% while Google legally can only pay 2%?
That both pay zero will never happen anyways so any discussion about that is a waste of time - i dont live in dream worlds.
so wouldnt it make more sense to cooperate worldwide so that everyone pays 20% for example?
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You are making it sound like the fact that google is paying 2% is a problem... (if that's in fact even true)
but it's not, because any income reaching it's shareholders will get taxed:
2% (what google pays) + 43% (dividend rate that Obama is proposing)=45%
which is likely higher than what Minte pays now...
and 2% is unusual, on average for big corporations it's probably more like 20%, so combined tax rate would be 63%... which seems relatively high?