The G7 Global Minimum Corporate Tax Agreement - My Thoughts

[300 H and H]

11:14 min.


Tom Nash

214K subscribers

The Big Fake - Why The G7 "Historic" Tax Agreement Is Nothing But Hoax. G-7 nations reach historic deal on global tax reform. Under the agreement, G-7 nations will back a global minimum corporate tax of at least 15%, U.K. Finance Minister Rishi Sunak announced in a series of tweets. The reforms will affect the largest companies in the world with profit margins of at least 10%. U.S. Treasury Secretary Janet Yellen, who is in London for the face-to-face meeting, hailed the move as significant and unprecedented.

 

[waybomb]

Had no affect on corporations. End user will pay the tax. Companies will hit their profit margins.

 

[300 H and H]

Had no affect on corporations. End user will pay the tax. Companies will hit their profit margins.

I kind of think that is the point. Corporations are few in number and can easily be subverted and bribed to do the bidding against the people.
It is the people at large who are the ultimate target. This will make a few winners, and a whole lot of looser's.