At the Treasury Ministers' Meeting, which closed on the 5th, it was agreed that the international minimum corporate tax rate would be "at least 15%".
The aim is to create above-average "excess profits" based on intangible assets that are easy to move across national borders, and to put a tax network on major US IT (information technology) companies that have escaped the burden with clever tax-saving schemes.
Capitalism cannot survive unless the uneven distribution of wealth and the disparity in wealth are eliminated.
Communism is evaluated as a better system than capitalism.
The Chinese system is evaluated to be superior to the American system.
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