UK Politics

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Billionaires should face a minimum tax rate, report says (www.bbc.co.uk)

submitted 1 year ago by mannycalavera to c/uk_politics

6 comments fedilink hide all child comments

Didn't Rishi try and get the EU to impose a 15% minimum global corporate tax rate for companies? How has that gone with Ireland dragging it's feet on that? I can't see this proposal going anywhere.

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[–] itsonlygeorge@reddthat.com 21 points 1 year ago* (last edited 1 year ago) (1 children)

How about they pay the maximum amount of taxes? How about we tax corporations at 50% again? How about that money is used to enrich public services, programs, infrastructure, education, and improve public spaces for everyone?

We need separation of government and corporations just like we have separation of church and state.

[–] smeg 13 points 1 year ago (2 children)

We don't have a "separation of church and state", there are literally 26 bishops in the house of lords!

[–] mannycalavera 2 points 1 year ago

🤣

[–] itsonlygeorge@reddthat.com -1 points 1 year ago

Sorry, I meant in the US. We are supposed to have separation of church and state, but it has really become necessary to have a “separation of corporations and state” as well. The corporations are so deeply involved in politics, writing laws, financing government elections, etc that they may as well BE their own branch of the government.