You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
I think those IMF estimates are too high https://www.cgdev.org/blog/exaggerating-multinational-tax-avoidance-does-not-help-africa …. @JosephEStiglitz does not pay attention that the @gabriel_zucman ones are much lower https://www.cgdev.org/publication/reading-missing-profits-nations … and on a per capita basis they are just not that bigpic.twitter.com/MwGUjrULBZ
The world IS facing multiple crises: climate, inequality, slowing growth, infrastructure gaps. It would be lovely if it could be solved with big hairy reform of multinational corporate tax. Its a politically attractive story, but unfortunately its just not truepic.twitter.com/aSzTzM2Fy5
You would go a long way to solve climate change with a broadly consistent multilateral carbon tax. It’s a shame there isn’t more focus on it.
And such a tax has the merits of being directly linked to established causes of climate change, could link activities to taxes on a geographic basis, and apply to some of the big sources that fall outside MNCs - especially China and India.
Some old memes- $500bn not the figure Zucman uses but Z is fine for profit shifting? (And the 40% does not reflect any CFC style tax.) CT is important. But per OECD overall avg revenues have gone up from 2.7% of GDP in 2000 to 3.0% in 2016. How much does climate change need?pic.twitter.com/J1vIFkGmPj
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
"How does one value a car without an engine, or a shirt without buttons?" Its not that hard!
