[greenwich26]

Why are governments allowed to collude like this? Isn't this the same idea as price fixing? Exploiting their monopoly (governments' monopoly on the right to do commerce) to unfairly raise prices (taxes)?

The world needs at least somewhere where you can opt-out from Western neoliberalism and socialism.

[ko27]

The answer to your question is simple. Governments are the highest sovereign bodies. They can agree on whatever they want.

[greenwich26]

You are right, of course. But Rousseau made it quite clear that the sovereignty of a government is discretionary. This sort of thinking isn't convincing on an ideological or theoretical level to anyone but a medieval peasant, and it only increases my indignation.

[spywaregorilla]

Collusion between governments isn't illegal, and there is no governing body that would prevent this. At best there are economic treaties between countries.

This applies only to "global companies with at least a 10% profit margin". By definition, you're already playing ball with all of these actors if you're a global company.

[tonyedgecombe]

>Why are governments allowed to collude like this?

Because otherwise everything becomes a race to the bottom.

[greenwich26]

Countries competing with each other to offer attractive business environments with the lowest taxes is a race to the top, not the bottom.

[dgb23]

Corporations profit the most from infrastructure, education and other collective achievements of a society, so it makes sense that they also funnel resources into that system.

The charitable interpretation of this agreement is that this is to be achieved by coordinating taxes of multinational corporations.

It seems reasonable to me, strategically speaking. I have political reservations (to say the least) towards high concentration of power though, since we’re talking large corporations, G7 and so on.

[uniqueid]

Cracking down on corporate tax avoidance is antithetical to 'neoliberalism', no?

[peteretep]

On the internet “neoliberalism” simply means “stuff I don’t like involving capitalists”

[trainsplanes]

There are some countries that you can move to that are generally free of the laws of western nations.

For some reason, people from “western neoliberal and socialist” countries generally don’t move to them, though.

[pclmulqdq]

People do move there. Singapore picks up a ton of US expats, as did Hong Kong before it got swallowed by China. Bermuda and the Caymans have tons of companies and restrict immigration so tightly that they are less attractive.

[ffggvv]

for some reason everyone from socialist companies moved to the US and not the other way around.

[Chris2048]

Because if they did, bombs would soon fall in order to destabilise that threat.

[greenwich26]

On the contrary, those countries are extremely popular places to base your business activities or start a company or manage your finances from. Ever been to Bermuda? Or the Virgin Islands? You can't move for wealthy industrious Western expats and their business ventures. And also to a lesser extent Ireland, the Luxembourg, Singapore, Switzerland, etc. These are all some of the most popular countries to move to in the world.

But now the United States and Canada and whoever else is the G7 are trying to shut them down and force everyone to follow their hellish tax laws.

[csomar]

> The world needs at least somewhere where you can opt-out from Western neoliberalism and socialism.

Welcome to Iran...