A global deal to introduce a minimum tax rate on company profits hit a fresh roadblock Friday after Hungary vetoed a European Union agreement to implement the measure, which is also stalled in the U.S.agreed by 137 countries
in 2021, paving the way for the most significant overhaul of international tax rules in a century. Governments had hoped to implement the changes next year, but mounting opposition in Europe and the U.S. means that target now seems out of reach.
Instead of negotiating the terms of our surrender in a futile effort to get a better deal, the United States should fight back with every available economic and diplomatic tool, which would also empower smaller countries bullied by OECD.
If you want less wealth, that's the right policy to pursue.
Thank goodness. The globalist need to be stopped.
Each country should make their own decisions
This is where we are today. Our peer is an economy ranked 54th in the world led by a far right dictator.
If anti-competitive collusion among companies is bad, then so is anti-competitive collusion among countries/economies.
Leftist elites are going to be really angry that they don't get to decide the economic policies of other sovereign nations.
Because it’s totally insane.
Your welcome