17 July 2013

Tax Reform, Part 4A - Oh, Well, What Did You Expect?

Just a short note on an article Yves Smith linked to yesterday:
U.S. Blocks Crackdown on Tax Avoidance by Net Firms like Google and Amazon
Any thought of something serious coming out of tax reform really is pie in the sky.  Our multinationals are wedded to the current system, and apparently the Administration is happy to do their bidding.

Oh well,  I guess I'll trudge on....

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