#BESTOF2021: 1/2: "Taxation competition is an extremely important device to be sure governments don't get out of hand." @RichardAEpstein @HooverInst
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 6 December 2023
⏱️ 16 minutes
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Summary
https://www.hoover.org/research/sorting-out-global-tax-mess
2968 LBJ
Transcript
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| 0:00.0 | This episode is brought to you by Deliverer because anything goes this Christmas. |
| 0:07.0 | Yes, even sprouts on a pizza or gravy on sushi. |
| 0:10.0 | The rules are there are no rules. a cantonese on Christmas Eve or a |
| 0:15.2 | Balty on boxing day and when you're so over the leftovers bring on the ramen |
| 0:20.3 | From big brands to local favorites this Christmas it's all on your doorstep with |
| 0:25.0 | deliver rooms. Geographical restrictions, T's the world. I'm John Bachelor. Global Taxes. I welcome Professor |
| 0:41.0 | Richard Epstein of the Hoover Institution, a senior fellow, teaches law at |
| 0:45.0 | NYU and the University of Chicago, and it's written about taxes for decades, five decades |
| 0:51.0 | at least, and therefore the global tax regime first mentioned by Janet |
| 0:55.9 | Yellen in the United States and then taken up in discussion at the G7 finance |
| 1:02.0 | ministers meetings and then pursued by the G7 finance ministers meetings and then pursued by the G7 |
| 1:05.0 | principles meetings is much in the news and in these days since G7 we do not want |
| 1:12.0 | to forget that this is a theory in practice and many countries are now discussing |
| 1:18.8 | it. |
| 1:19.8 | For example, Ireland, Ireland is tax state by corporations such as Apple. |
| 1:34.0 | Ireland is commenting, the European home of tech giants like Apple, I read from Yahoo News. |
| 1:41.4 | And Google is looking to reach a compromise over global taxation that |
| 1:45.3 | recognizes quote the role of legitimate tax competition this from the finance |
| 1:51.2 | minister in Ireland. |
| 1:52.8 | Also, we have comments from other nations that are going to be involved in this |
| 1:58.8 | transformation of the global tax regime. |
| 2:01.8 | For example, the comment, this comment in these last days from, again, Yahoo News. |
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