
What in the World Is a Global Minimum Tax?
Why It Matters
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How Much Is Amazon Paying?
If the global minimum tax became reality, amazon and other companies wouldn't be able to reduce their tax bill unchecked. For decades now, multi national companies have been using all the tools we've talked about to lower their taxes while making record profits. Yet these companies still benefit from the services that tax dollars bring to the societies they operate in. The global minimum tax money might help us pay for these exact needs, or even allow governments to lower taxes on the individual side or decrease the us Deficit. At the end of the day, it will be up to the government. But ultimately, theglobal minimum tax would bring in collectively, a hundred and 50 billion dollars in additional tax revenue each
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