>>512536505That's what jews are going to tell you.
Because their tax avoidance scheme no longer works.
If we look at Amazon and Walmart, the owners are now taxed when chinese merchandise lands on US soil with tariffs.
Instead of them avoiding taxes altogether by hiding their profits in offshores.
Same is true for 500 other big tech companies.
>The Fortune 500 Companies with the Most Cash in Offshore Tax Havens - 2016https://www.visualcapitalist.com/fortune-500-companies-cash-offshore-tax-havens/
>Fortune 500 Companies Hold a Record $2.6 Trillion Offshorehttps://itep.org/fortune-500-companies-hold-a-record-26-trillion-offshore/
So. Because it is so crazily easy to open 20 offshore companies and pretend that your profits are outside of US,
and because it is so easy to hide ownership,
you aren't going to make any tax reforms and fix that.
Outside of creating a public Corporation / LLC director ownership list, and making that corporations cannot own other corporations,
and forcing this world-wide etc.
Just not going to work.
So, if you look at Apple as the largest holder of money if offshores. They are now taxed when chinese made iPhone lands on US soil.
Or , Johnson&Johnson , Proctre & Gamble - same , taxed when chinese factory made product lands in US.
>not when the money is already hidden in offshores. Or Cisco routers etc.
They aren't limiting trade, the Tariffs are sucking those billions of $ in profits that were stashed in offshore banks by big corps. And kinda forces them to reinvest that in US.