Reply to post: Re: Regulation

'Break up Google and Facebook if you ever want innovation again'

IceC0ld Bronze badge
Megaphone

Re: Regulation

Also they think paying taxes and privacy only applies ordinary workers, not companies and shareholders.

as much as I agree with this comment, the reality is that the answer is in properly constructed laws, as all business has a duty to its share holders to maximise returns, so they spend a fortune looking for ways to bypass the existing law

IIRC Reagan when governor of Califonia cut business rate / tax to 10%, thereby removing the ability to spend money to cicumvent the law, when a full payment would be less than than the old high rate + the cost of the lawyers doing their nefarious dealings

TL:DR

we need to sort the LAW out, to make it so every Co pays what they owe in FULL to whichever country they take the deal from

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