Discussion Post: Packback
Topic: Read the article "Amazon, Google and Facebook will be hit hard by the G-7 tax deal. Here's how they responded" by Ryan Browne about the corporate global minimum tax than the G-7 approved in summer of 2021. Even given the G-7 approval, the tax will not apply unless passed by the U.S. Congress and signed by the President. Do you agree that this tax is needed? Why or why not?
• Is the G7 proposed minimum tax rate a good thing for corporations among the collective countries?
• Is fifteen percent a fair number for the international income tax rate?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.