It finally clicked for me that some people seem to believe that there is a difference between a company’s legal minimum tax obligation and a company’s moral minimum tax obligation. I’d be fascinated to see someone take a stab at writing a framework for calculating the latter.https://twitter.com/JoeBiden/status/1139188173131591685 …
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Isn’t this almost the definition of a tax “loophole”? I.e., something that - whether by mistake or trickery during legislation - is technically legal but violates the “spirit” (intended morality) of the law.
