Re: tax income not profits
"For any multinational, tax their income, not their profits."
Income can be hidden or played against so that their income gets subracted. El Presidente demonstrates a classic case of why income isn't a good measuring stick.
"Make them fight for their tax returns."
They "fight" by bribing with figures that make legitimate pursuits look expensive by comparison.
"Close up tax return loopholes worldwide."
That means fighting hostile sovereignty, especially those of smaller countries with lower operating expenses.
"Every country has a fortune to gain by working together to ensure taxes are paid."
Not necessarily. If even ONE country stands to benefit by cheating, the whole works falls apart.
Biting the hand that feeds IT
