The depressed cynic in me says the billionaires will just find new tax havens and other embezzling ways around it. But it’s a good initiative and I pray it actually leads to something tangible.
So if they want to be active in your country they need to pay an ‘activation tax’ or something, that counteracts removing the majority of their profits tax-free from the country.
The depressed cynic in me says the billionaires will just find new tax havens and other embezzling ways around it. But it’s a good initiative and I pray it actually leads to something tangible.
So if they want to be active in your country they need to pay an ‘activation tax’ or something, that counteracts removing the majority of their profits tax-free from the country.
Yep, I’m sure some corrupt African country will do just that…