And a graph such as this? (courtesy of @Bakhunin)pic.twitter.com/YXj2Rqz9nr
Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk
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And a graph such as this? (courtesy of @Bakhunin)pic.twitter.com/YXj2Rqz9nr
There are two separate questions. (1) what is really happening to corporate tax revenues? (2) what does the public think is happening to corporate tax revenues. I’d agree your graph may be relevant to 2 but it’s irrelevant to 1.
Every time an NGO or politician says there is a “race to the bottom” in corporate tax rates they are misleading the public.
But, for what it’s worth, I think the public view is mostly driven by an intuitive belief that tax should be paid where sales are made. Which is one of the reasons DBCFT is worth serious thought.
Not sure about that intuitive belief, Dan. I think if you ask the public where they would expect BMW to pay most tax, I think they would say Germany, Rolls Royce UK, and Apple probably US. It’s been the lack of tax paid anywhere by some companies that has fuelled the debate
Which companies haven't paid tax anywhere?
Fair challenge; persistently low effective tax rates and in the case of some US based companies rates considerably lower than headline federal and state rates particularly pre TCJA have driven the debate. Why Twitter not always good for complex debate!
And my main point was that I don’t agree with Dan that there is an intuitive sense that taxes should be paid where sales are made.
There is an intuitive & politically attractive sense that foreign companies should pay tax 'here' when they make sales here, and domestic companies should pay tax 'here' when they make sales abroad 
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