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Coca-Cola Taxes (sh.itjust.works)

submitted 1 year ago* (last edited 1 year ago) by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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https://mastodon.social/@MEActNOW/112956139620337300

News: https://www.forbes.com/sites/kellyphillipserb/2024/08/06/coca-cola-could-face-16-billion-irs-bill-after-its-tax-court-arguments-fall-flat/

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[–] Etterra@lemmy.world 7 points 1 year ago (1 children)

Fun fact, most laws are written by the corporations to which they apply. There's no possible way for politicians to actually write all of the laws, so they rely on their corporate ~~paymasters~~ lobbyists to go ahead and write them, then have their staff skim through it all, and then sign off on it before it goes off to the chamber for a vote.

[–] explodicle@sh.itjust.works 1 points 1 year ago

There's no possible way for politicians to actually write all of the laws

Then they can ask nonprofits for help, or transition to liquid democracy, or just write simpler fewer laws. What they're doing now is worse than doing nothing.