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(and their corporations) low in what is, essentially, a race to the bottom. This particular moment could actually be a major turning point, because the. G7 countries just recently resolved to introduce major international tax reforms later this year. Absolutely, but that’s why international Let’s Do This Boys Baseball Shirt can ignore most countries in those negotiations as companies. Won’t want to be headquartered somewhere that doesn’t have proper rule of law. But you need to get the support of countries like Ireland, The Netherlands, Luxembourg, who all have quite low tax rates and all have western standards of rule of law. I’m not going to pretend I know anything about global tax agreements like this, but. Bezos has a base salary of $80k or something like that and a total comp of $1.6 million. He probably can make a

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I’d wager it’s not something the US can unilaterally go ahead with. They’ll probably have to give up something, and with France already having (iirc) a digital sales tax, and the UK & Austria wanting one Let’s Do This Boys Baseball Shirt can be had. It’s not that the Netherlands has low tax rates. It’s the system and the tax treaties with pretty much all countries that makes it a usable country to go through as transition point, to get your profit to the tax havens. Those company’s tax liability does not fall in the Netherlands. The corporate tax rate is higher than that of the US. A lot of UHNWI, so called “super rich” don’t make income as wages. Having high marginal rates mostly affects well paid professionals like doctors and lawyers.

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