>>945218Welllll... There no doubt is a jerk of circles that I'm going to be running afoul of here. But.
Thing is, international trade has run ahead of governance - there is no point to levying appropriate corporate taxes if a multinational can just scurry off and set up shop in a nation state that's playing the defaulting game regards cooperation. E.g cayman Islands, Panama &c..
So coutries have to offer corporate *welfare* to get companies to participate in the local economy, inclusive of some level of taxation.
Now here's where I run afoul of muh freedums, I expect.
If international traders can't be taxed effectively because of boundaries of sovereignty - an international government needs to exist to do that.
Apropos of personal tax rates being too high - corporate entities are ducking their share of the tax burden.
If that weren't the case, this personal tax thing you're fretting about wouldn't be such an issue.
