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From Oxfam

Posted on: August 10, 2024 at 13:25:20 CT
raskolnikov MU
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"Here’s what we know:

According to the Institute on Taxation and Economic Policy, at least 55 of the largest corporations in America paid no federal corporate income taxes in 2020.

The US government is estimated to have lost around $135 billion in revenue due to corporate tax avoidance in 2017. In contrast, corporate philanthropy has amounted to less than $20 billion a year.

Corporations shifted nearly $1 trillion in global profits to tax havens in 2022—depriving countries all over the world of desperately needed tax revenue.
That’s not paying your fair share. Instead of only maximizing profits for their overwhelmingly rich, white shareholders, corporations should do more to support the employees, consumers, and community members that corporations rely upon to make their money.

So what should they pay and do?

To reduce tax haven abuse and the offshoring of corporate profits, corporations should pay the same tax rate on their foreign profits as on their domestic profits, and all large multinational corporations should pay a global minimum tax rate.

To end the secrecy that shrouds corporate tax dodging, corporations should publish key financial data like revenue, profits, and taxes paid on a country-by-country basis.
“We want an economy that works for everyone, not just for a small elite,” said former U.S. Labor Secretary Robert Reich."

This does not answer your exact question but gets the point across.
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     Her father is a marxist economist who preaches on income - Tigrrrr! MU - 8/10 12:27:32
          So what? VP Harris a "Marxist Economist"? Don't think so(nm) - raskolnikov MU - 8/10 12:57:27
               Marxist economics looks like common sense to you rask. (nm) - JeffB MU - 8/10 14:48:25
                    What is "Marxist Economics" - raskolnikov MU - 8/10 17:02:02
                         More the socialist precursor economic moves, like having - JeffB MU - 8/10 18:42:38
                    He likes that redistribution of wealth (nm) - Tigrrrr! MU - 8/10 15:11:09
                         I think people should support their country(nm) - raskolnikov MU - 8/10 17:06:32
                              From each according to his ability, to each according to his - JeffB MU - 8/10 20:25:51
               Laugh - Tigrrrr! MU - 8/10 12:59:01
     Tax increases on the well-to-do and long overdue. - raskolnikov MU - 8/10 12:05:26
          Redistribution of wealth.....you can't tax people into - Tigrrrr! MU - 8/10 12:28:32
               Ha ha ha . Go to the edge, the edge. Atta boy(nm) - raskolnikov MU - 8/10 12:58:23
          RE: Tax increases on the well-to-do and long overdue. - patriot MU - 8/10 12:22:06
               And we disagree - raskolnikov MU - 8/10 12:59:20
          The well to do pay most of the taxes already - El-ahrairah BAMA - 8/10 12:16:35
               Horsesht(nm) - raskolnikov MU - 8/10 13:00:07
                    do you have stats to back up your refutation?(nm) - CulturedDan KC - 8/10 13:19:20
                         From Oxfam - raskolnikov MU - 8/10 13:25:20
                              who gets this "global min tax"? the country the goods were - tigerinhogtown STL - 8/10 14:03:04
          Trick question moron. She hasn't posted a single policy. - RHAYWORTH MU - 8/10 12:07:21
               Those are general policies that she favors, broad brush(nm) - raskolnikov MU - 8/10 12:14:44
                    RE: Those are general policies that she favors, broad brush - raskolnikov MU - 8/10 12:16:01
          More bidenism?(nm) - El-ahrairah BAMA - 8/10 12:01:57
               I don’t know what that term means. That is putting ‘ism’ at - FIJItiger MU - 8/10 12:08:58
                    Handouts and inflation(nm) - El-ahrairah BAMA - 8/10 12:15:21
                         Biden’s policy has been to combat inflation (nm) - FIJItiger MU - 8/10 12:21:41
                              he must really suck at it(nm) - CulturedDan KC - 8/10 13:21:21
                              lol - El-ahrairah BAMA - 8/10 12:24:40
          You can get a feel for her socialist/communist economic - JeffB MU - 8/10 11:48:47
               Not much tangible there(nm) - FIJItiger MU - 8/10 11:51:59
                    She wants to use government power to tell landlords & - JeffB MU - 8/10 15:23:00
                    but how does she make you “feel”? - Fire Marshall Bill A - 8/10 11:59:09
          So you admit that she hasn't got a single plan? - RHAYWORTH MU - 8/10 11:45:28
               I haven’t voted, and will hear her plan and policy during - FIJItiger MU - 8/10 11:47:50
          Coronation not a convention - mu7176grad MU - 8/10 11:42:40
               the primary system is relatively new in american politics .. - tmcats KSU - 8/10 12:07:08
     "She might be a communist, BUT TRUMP!!!!" (nm) - MIZ45 MU - 8/10 11:35:48
          Communist is a plus for rask. (nm) - JeffB MU - 8/10 11:44:29




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