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Germany approves global minimum corporate tax
  • It's embarrassing you're an accountant and yet indulge in conspiratorial thinking. I've worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I've never seen a private company voluntarily comply with that standard.

  • Germany approves global minimum corporate tax
  • Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn't want to be in a position where it's levying 50% tariffs on Guinness because Ireland's corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?

    This is a carrot vs stick approach.

  • Germany approves global minimum corporate tax
  • That's exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn't really apply.

  • Salary Needed To Buy a Home In The US
  • They should include the interest rate they are using to calculate the mortgage. Based on what's provided they are assuming around a 6% mortgage which is no longer available. Tack an extra $1,000 monthly payment onto that million dollar home and an extra $40,000 to your income to make it affordable. (Assuming debt/income ratio and income taxes)

    Did I miss anything?

  • Climate-changing human activity could lead to 1 billion deaths over the next century, according to new study
  • It's an estimate of premature deaths based on CO2 emissions.

    "Pearce and Parncutt found the peer-reviewed literature on the human mortality costs of carbon emissions converged on the "1,000-ton rule," which is an estimate that one future premature death is caused every time approximately 1,000 tons of fossil carbon are burned.

    "Energy numbers like megawatts mean something to energy engineers like me, but not to most people. Similarly, when climate scientists talk about parts per million of carbon dioxide, that doesn't mean anything to most people. A few degrees of average temperature rise are not intuitive either. Body count, however, is something we all understand," said Pearce, a Western Engineering and Ivey Business School professor.

    "If you take the scientific consensus of the 1,000-ton rule seriously, and run the numbers, anthropogenic global warming equates to a billion premature dead bodies over the next century. Obviously, we have to act. And we have to act fast.""

  • Why is the legal system so expensive?
  • Like any subject matter that is complex it requires someone to have specialized training to understand and navigate. We all have a working understanding of the legal system, but sometimes we need expert opinion. Few people are willing/able to master the subject matter so supply relative to demand is low.

    The legal system is complex because our world is complex. We are constantly expanding human endeavors (Space law wasn't an issue until Sputnik) and changing current laws (Marijuana laws have changed in many states). It's not just a matter of learning the law once - it is constantly changing and requires an expert to be always up-to-date.

    You're paying $.25 for the piece of paper and $199.75 for the lawyer's knowledge of how to file it.

  • What do you think human civilization will look like in 10 years?
  • I think there is going to be a greater push for KYC for social media as we are going to soon be inundated with comments and online activity by bots that is indistinguishable from humans and hyper taylored to its audience. All the stuff Russia pulled with election interference is going to be child's play.

    There is also going to be an explosion of content. The same recipe page that took a human a day or two to create will be made in a second. Billions of recipe pages, billions of sports blogs, billions of comments...

  • Alternative payment system to skip 30% google tax?
  • Honestly not really when compared to the alternative. Our net payout through alternatives was closer to 60%. We experienced a bot attack one month where we actually lost money due to generating massive transaction fees on bogus chargebacks.

    I thought Google shifted to a flat 15% anyway (especially for small app developers). It's really a no brainer for app developers then.

  • Alternative payment system to skip 30% google tax?
  • My company tried transitioning app subscriptions to alternatives outside the app stores and it was not worth it. Credit card fraud was a massive issue. It got so bad the payment networks (Visa, MasterCard) threatened to ban us from their networks.

    Google and Apple aren't totally rent seeking.

  • 'Who will buy my house if they can't get insurance'
  • To be fair society benefited along with the companies. We should institute a carbon tax on all transactions - not just punish the energy companies.

    Insurance rates should be higher in high risk areas. This is the most straight forward way to keep people from building in high risk areas. I really don't think we should subsidize Joe shmoe's insurance on the third rebuilding of his house.

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    OnionQuest @lemmy.ml
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