re: #447 FemNaziBitch

“For example, a corporate tax break known as “deferral” allows companies to delay paying taxes on profits from their overseas subsidiaries until those profits are brought into the United States. This gives corporations an incentive to shift jobs and profits offshore. Ending deferral would raise about $60.6 billion in a year. That’s more than the federal government spends annually on Head Start, Early Head Start, the Child Care and Development Fund, school breakfast and lunch, and funding for schools serving disadvantaged children.”

Meanwhile, the USA, alone among developed nations iirc, requires its citizens living abroad to pay US income tax in addition to the income tax of their host country.

Such discrepancies—-between businesses and individuals, between the US and other countries—-are flagrantly unfair to ordinary Americans.

If this kind of thing continues, at some point there will be a tectonic reaction. That it may leave everyone worse off will not matter to the voters if they get angry enough.