this post was submitted on 14 Aug 2024
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The fact that there are so many legal loopholes to use to save from paying taxes, the fact they go this far to avoid taxes is disgusting.
When you're a billion dollar company, It's cheaper to bribe politicians than it is to pay taxes.
There's a supreme Court judge right now who was giving companies favorable laws for like a pack of twizzlers.
How would that help! Coke sells cola, not Twizzlers! /s
it is just an inevitable consequence of money and lobby based politics. Whoever contributed to turn US elections into something like a pro wrestling match event is to blame
I wish they'd pay the taxes in the country the drinks were bought. Even if the US manages to scrape back some, that's only one country seeing the taxes owed.
Fun fact, most laws are written by the corporations to which they apply. There's no possible way for politicians to actually write all of the laws, so they rely on their corporate ~~paymasters~~ lobbyists to go ahead and write them, then have their staff skim through it all, and then sign off on it before it goes off to the chamber for a vote.
Then they can ask nonprofits for help, or transition to liquid democracy, or just write simpler fewer laws. What they're doing now is worse than doing nothing.