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?
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People (and companies) will always pay the price at the end. Unless you do like in US; take debt over debt by huge quantities.
So, fair market brings more competition, kinda essential thing for working markets.