Re: VAT
sales tax, is the only fair way to tax big companies
SOME big companies.
I work for a company with a multi billion turnover in a commodity sector with thin margins. We already pay all of our taxes according to law, we have no offshore Dutch-double-Irish-NewJersey-Caymans quad decker sandwich tax arrangements.
As a matter of common sense, corporate taxes should be on profit (if anything, but that's another argument), and the problem here is that a small number of largely American companies are exploiting technicalities to transfer profits. Punish those fuckers, not those who already pay their fair share.