Comments by "TJ Marx" (@tjmarx) on "US calls for global minimum corporate tax | DW News" video.

What is? You understand no one can force another country to impose corporate tax, let alone a minimum one, right?
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Lmao, good luck trying to force countries outside your jurisdiction to implement taxes that they don't want to impose and only serve to harm their economies. No chance. The USA can wishful thinking all they want, they have no power to make this happen. Also this proposal is a MINIMUM tax rate, not a global tax rate like Chelsea seems to think. German corporations would still pay 30% inside Germany, this has no impact on that. What this is saying is they'd like countries with corporate tax rates under 22% right now to increase their tax rate to at least 22%. The USA hopes if that happens more companies will do business in the USA thus increasing their economy. It has no chance at success.
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@kevinyaucheekin1319 That's not how that works. Indeed such an actual would be an act of unprovoked war which has a mandatory UNSC response of global sanctions for the perpetrating country. The US trying to use force like that would only see the USA lose globally.
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@mendjelire8392 Not legally there isn't. We should all be thankful about that too.
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@Joe Marley what do you imagine they did with online poker?
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@Joe Marley In the US, not globally. Inside the USA only, they've never been blocked globally...ever The USA only has jurisdiction over it's own territory. Nothing else. Edit: The chance of this proposal by the USA being adopted by tax havens is 0.0%
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@leesiheon8013 Lmao, they can't force a country to not be a tax haven, you understand that right? It's voluntary, and the only countries that are signing up already have high corporate taxes. This will change nothing. Independent territories get to make their own rules however they see fit. That includes taxes.
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@leesiheon8013 Lmao. No chance of happening. The EU has even less power than the USA to pressure tax havens, except maybe Ireland. It isn't a might, it's a zero chance of happening. Nor should we want it to. Not only would it push up consumer prices it would have dire consequences on the global economy. We'd all be far worse off if the USA got it's wish
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@leesiheon8013 lmao, no mate. You clearly don't understand the role they play in the global economy. Tax havens are a foundation stone in finance, they ensure there is plenty of capital flowing through markets, they support jobs and build growth. A company large enough to get a benefit from a tax haven, hires more people both through external contractors and internal employees to manage those tax haven affairs, and to expand their operations in new ways. Those employees all pay local taxes, but more importantly they spend their money locally supporting thousands of businesses and industries that in turn create more jobs. This is so much more complex than a YouTube comment can possibly cover. Seriously, tax havens are essential to the stability of global markets.
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@leesiheon8013 That's a very long comment for someone not interested in discussing. There's no prediction involved here, there is just no chance of this happening. That you don't understand that reality is a demonstration that you don't understand how these things work. That's why I replied to your original comment and why I'm continuing to reply to you. You don't understand.
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