Peoples and Nations Have the Right and Social Responsibility to Determine Their Own Affairs
The role of the oligopolies in proposing and
writing the Organisation for Economic Co-operation
and Development (OECD) global corporate tax regime
has sparked discussion over their political
influence in the sovereign affairs of the peoples
of the world. The only countries opposing or not
included in the global tax regime are those in the
forefront of defending their national sovereignty
and dignity, such as Cuba, the Democratic People's
Republic of Korea, Venezuela and Nicaragua. These
countries are courageously upholding their
sovereign right to control those affairs that
affect their countries and peoples, and oppose the
interference and attacks of the U.S.-led
imperialist system of states and global
oligopolies.
The OECD global corporate tax on the oligopolies,
at a 15 per cent minimum rate, is designed to
supplant any individual Digital Services Tax that
countries are already applying or were
contemplating for introduction.
The OECD global corporate tax does not interfere
with the monopoly right of the oligopolies to
determine their corporate profit on which the tax
would be applied. Large corporations are generally
notorious for their secrecy and ability to
manipulate their gross income and resulting
profit, no matter how large, to magically
disappear their taxable net corporate profit.
How profit is determined relates to the
determination of a price of production for goods
and services. However, as long as setting the
price of production is under the control of the
oligarchs and their motive to expropriate maximum
profit, it is not going to be a scientific
rendering of the new value workers produce and its
distribution. The price of production according to
the oligopolies and the ensuing profit they report
are entirely self-serving, to support their aim of
maximum profit and pillage of the countries where
they operate.
The OECD global corporate tax is yet another
attack on the sovereignty of nations and their
right to control their affairs and direction. The
aim is to continue the imperialist plunder of the
peoples and nations of the world. To prettify this
attack with flowery self-congratulatory words is
the standard neo-liberal practice to turn
everything on its head to appear beneficial to the
people rather than an assault on their rights and
claims.
The peoples and nations of the world have the
right and social responsibility to determine their
own affairs. If any multinational enterprise wants
to do business in any country it must come under
the control and regulations set by the sovereign
people of the nation. If not, no agreement can or
should be reached. The imposition of international
rules such as the OECD global corporate tax
regime, written and set by the oligopolies and
their imperialist governments, must be opposed by
all. Any agreement on international trade must be
on a nation-to-nation basis, for the mutual
benefit and development of the peoples involved,
not the private interests of the global oligarchy.
This article was published in
Volume 51 Number 11 - November 7, 2021
Article Link:
https://cpcml.ca/Tmlm2021/Articles/M5101110.HTM
Website: www.cpcml.ca
Email: editor@cpcml.ca
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