So if everyone’s obeying the law in every jot and tittle we’ll just have to change the law then

Source: Adam Smith Institute
by Tim Worstall

“Here’s an interesting idea from some of our friends on the Continent. Everyone is actually obeying the law, the tax system is operating exactly as it was and is intended to do. Corporate taxes are indeed taxed where economic value is being added, yea even among the tech giants. Thus and therefore the law must be changed: ‘Paris and Berlin are mounting a joint offensive to tax internet giants such as Google and Amazon based on revenues generated in EU countries, a change that would wreak havoc with many technology groups’ business models in Europe.'” (09/12/17)