Why wealthy people, firms should pay more taxes - News Summed Up

Why wealthy people, firms should pay more taxes


Women are the first to pay the price for decades of budget cuts and privatisation of essential services. All these much-needed measures obviously have a cost, and it is just about answering one question: Who will pay for them? It is also a unique opportunity to really address corporate tax dodging and put an end to corporate tax competition. We have a solution at hand, through the introduction of a minimum effective corporate tax rate of 25 per cent worldwide. An international reform to make multinationals and the richest pay their fair share of taxes requires a global agreement.


Source: Standard Digital March 14, 2021 21:45 UTC



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