(Photo by Justin Tallis - WPA Pool/Getty Images) Getty ImagesThe U.S. has done an amazing job of rallying 130 countries together to push for a global minimum tax on corporate profits. It’s not that I think that corporations shouldn’t contribute to tax revenues. It’s that ultimately you are paying, they, the companies, just collect the money from the customers and pass it on to the government. It’s an illusion to think that the corporation pays the tax. Fewer choices for you will ultimately mean larger profits for the company, and that will help offset any new taxes imposed.

Source: Forbes July 28, 2021 18:56 UTC