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  • Are you arguing just for the sake of arguing, or do you really believe that countries/cities should offer huge tax incentives to the largest, most profitable countries in the world so that they will relocate there.

    I mean, Amazon is literally owned by the richest man in the world. They already pay next to no tax. They should not be given even more tax breaks.

  • No, I'm not.

    Yes, I do think that where there is autonomy countries/cities should be able to manage their affairs to encourage businesses to locate there when their cost/benefit analysis shows a net benefit.

    In relation to the tax paid by Amazon - of course, it is ridiculous that the world hasn't updated their tax treatment of tech companies. Yes, their HR practices show them and Bezos up as cunts. We can only hope that at some point he has a Gates-style moment of clarity and puts his money to proper use - rather than just the PR bullshit over the last year or so... what was the breakdown on that Dreamers college donation... something equivalent to a $100k p/a earner donating $230?

    @Dammit - it would be really interesting to see numbers on the gains from becoming a tax haven Vs. the total EU grants received.

  • Yes, I do think that where there is autonomy countries/cities should be able to manage their affairs to encourage businesses to locate there when their cost/benefit analysis shows a net benefit.

    Which would be all fine and well, except a business has to locate somewhere, so all this does is promote a race to the bottom with no material benefits for anyone other than the corporation doing the bargaining.

    In relation to the tax paid by Amazon - of course, it is ridiculous that the world hasn't updated their tax treatment of tech companies. Yes, their HR practices show them and Bezos up as cunts. We can only hope that at some point he has a Gates-style moment of clarity and puts his money to proper use

    LOL. Do remind me of this when it happens. Waiting for people who have manifestly shown themselves to not have a conscience to suddenly develop one

  • @Dammit - it would be really interesting to see numbers on the gains from becoming a tax haven Vs. the total EU grants received.

    It's much more than a simple revenue figure though - being a tax haven means that the company can likely afford to bring the people in that they need. They're gaining the majority of the benefit.

    Growing a society to the point where there is an environment conducive to a tech company has much further reaching impact on said society - you need skills, you need housing, you need infrastructure, you need culture to make people stay/come.

    If you make a company like Amazon score places on skills/quality of life/infrastructure rather than $ then the societies who compete to attract them do more, for more.

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