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That depends very much on how sharp teeth you give your tax authorities. Besides, you can just tax turnover instead of profits. I'm sure that has some undesirable effects, but if the alternative is to leave gargantuan loopholes in the tax code... I guess we'll just have to live with those side effects.

And anyway, in a regulatory environment where anti-trust laws were actually taken seriously, most of those transnats would very quickly end up with a severe case of being dead.

- Jake

640 kiloton should be enough for anybody

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Nov 22nd, 2008 at 11:28:27 AM EST
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