Comment by triceratops
Comment by triceratops 8 days ago
> if they’re not paying taxes abroad, then they’re taxed on said labor here.
Ah I see. You mean if the effective tax rate for a worker in some country is 20% but the effective rate in the US would have been 30% they have to pay the difference in the US? Interesting idea but if the salaries overseas are much lower, how much revenue will that extra 10% raise anyway? More likely the worker would fall into a lower US tax bracket.
I wouldn't mind seeing something like that for corporate profits actually.