This is an excellent piece from Joseph Stiglitz.

Everyone should read it.

  • streetfestival@lemmy.ca
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    1 day ago

    I agree with the Nobel Laureate in economics, Joseph E Stiglitz, who wrote this.

    Of course, when the most profitable companies in the world don’t pay their fair share of taxes, it just shifts the burden on to others.

    Apple was so successful in avoiding taxes in Europe that it is estimated that it paid in some years a tax of just 0.005% on its European profits.

    • Nik282000@lemmy.ca
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      23 hours ago

      Apple was so successful in avoiding taxes in Europe that it is estimated that it paid in some years a tax of just 0.005% on its European profits.

      And that is why stealing from a corporation is not a crime. They have deprived you, personally, of benefits and services that your government can not afford because of tax dodging. They are killing you, personally, by privatizing your health care, by opposing electrification, by using single use plastics for nearly all packaging. They are keeping you, personally, poor by suppressing wages, raising prices, and outsourcing labour to markets where slavery is not only tolerated but the norm.

      You can not injure a corporation, you can not hurt it’s feelings. Pirate, lie, steal, cheat, get every penny you can from the 1% and use it to help the other 99.

      • Jarix@lemmy.world
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        15 hours ago

        it is a basic human right to steal from those who haven’t paid their fair share?

      • lauha@lemmy.world
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        16 hours ago

        And that is why stealing from a corporation is not a crime.

        Well, it literally is a crime because law is law and law is not ethics, but you could argue that it is morally okay due to the reasons you provided.

    • kubica@fedia.io
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      1 day ago

      Apple can only pay so few in taxes? Goddamn they must be on the verge of bankruptcy. /s