Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

IbogaProject

(2,804 posts)

4. Most of the earnings aren't in those money laundering locations

Reply to SouthBayDem (Original post)

Tue May 25, 2021, 12:21 AM

May 2021

Most of the earnings aren't in those money laundering locations. The earnings are in the developed economies or trade wit the developed economies. We need a global large asset audit. Ask "who owns it?" about every property, security or object worth more than some amount, $50K, $250K, some aggregate amount.

Edit history

Please sign in to view edit histories.

4 replies

= new reply since forum marked as read

Highlight:

U.S. proposes global minimum corporate tax rate of 15%, with an eye on something even higher [View all] SouthBayDem May 2021 OP

We'd have to persuade the Cayman Islands, Luxembourg, and the other money laundries to go along peppertree May 2021 #1

It's about the loopholes, not the rates. Marcuse May 2021 #2

Why should other countries take our direction on their tax rates? MichMan May 2021 #3

Most of the earnings aren't in those money laundering locations IbogaProject May 2021 #4