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Tuesday, August 3, 2021
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Half of S&P 500 report more money for foreign taxes than U.S. taxes : worldnews

For this number to be meaningful I’d like to see the ratio of worldwide income to US income.

73:6.7 seems really low though, even considering that the international market is bigger it should not be x10 bigger. The US makes up 20% of the worlds economy and for these US based large firms, probably a even larger % of their revenue than 20%.

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