Faced with the threat of a tax war from the US government, which considered imposing steep additional taxes on foreign companies operating in the US, the G7 countries agreed to strip much of the substance from the 15% global minimum corporate tax agreement.
Watch the eurobrains pile on during US’s next global embarrassment / school shooting / fastfood cultural bullshit shitting on the US for many valid reasons. I hope they remember this when they’re writing those snarky comments - your leaders are as powerless to hold our system to account as we are being normal US citizens.
The world is run by billionaires and elites and they don’t give a fuck what is best for any of us. The US is particularly shitty in that regard, our oligarchy is powerful, but we’re all on the same boat getting fucked by the same seas.