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Wealthiest US executives paid little to nothing in federal income taxes, report says
https://www.nzherald.co.nz/business/wealthiest-us-executives-paid-little-to-nothing-in-federal-income-taxes-report-says/B6BGNPE6ZWZPM4IBLKZNA6ESDQ/
The easiest way to stop corporations avoiding local taxes is to have a small tax on turnover not profit. AKA a minimum 5% tax of all turnover to the country where it is sold to their government. That way using debt and intellectual payments to other countries to negate local taxes is not able to work.
Western countries need to find ways to keep taxes flowing as globalism takes hold. Taxing local turnover as a minimum tax to pay by global corporations is a good way to get fair revenue and keep social services running in higher taxed or small countries that find it hard to take on big corporations.
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