Quote:
Originally Posted by Barry-xlovecam
- Multinational company A pays no taxes
- Local company B suffers the national tax rate
Who's price can be lower?
I think this is a misguided approach to price equalization by distributing tax burdens better. Ultimately the consumers might pay more -- the multinational might leave that market.
How is this better? |
Why would multi nationals leave the market? - It's a tax on profits...