McDonald's $3.4 Billion IOU To Itself

Get your first month of Audible completely free! Visit https://audible.com/secondthought or text secondthought to 500-500

Admit it, we've all eaten at McDonald's. Yes, their fries are delicious. You know what's not delicious? The world's biggest companies scamming the rest of us out of our hard-earned money by exploiting tax havens and obscene loopholes. In this week's episode, we'll take a look at the most recent scheme - McDonald's' $3.4 billion IOU to itself.

How McDonald's Wrote A $3.4 Billion IOU To Itself – Second Thought
SUBSCRIBE HERE: http://bit.ly/2nFsvTS

New video every Friday!

SOURCES:

War on Want’s petition
https://secure.waronwant.org/page/101897/petition/1

IWW resources
https://www.iww.org
https://www.iww.org/resources/pamphlets/
The War on Want report
https://waronwant.org/McTax
https://www.youtube.com/watch?v=1-Ti0ItPFM0

On tax havens and corporate taxes
https://www.greeneuropeanjournal.eu/tax-havens-must-be-closed-but-not-for-the-reasons-you-think/
https://taxjustice.net/2019/03/05/the-magic-money-tree-from-modern-monetary-theory-to-modern-tax-theory/
https://www.nytimes.com/interactive/2021/07/07/opinion/minimum-corporate-tax.html
https://www.nytimes.com/2021/10/11/opinion/pandora-papers-britain-london.html
https://apnews.com/article/business-london-europe-media-f91432c785e4e06a8fb2c7370d4ca63d
https://www.nytimes.com/2012/07/01/business/how-delaware-thrives-as-a-corporate-tax-haven.html

McDonalds and the EU in 2015
https://www.ft.com/content/6346575e-7d90-11e6-8e50-8ec15fb462f4

IMF reports
https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Causes-and-Consequences-of-Income-Inequality-A-Global-Perspective-42986
https://www.imf.org/en/Publications/FM/Issues/2017/10/05/fiscal-monitor-october-2017

Layering
https://www.buzzfeed.com/janebradley/shell-companies-money-laundering-uk-paul-manafort

Half as Interesting
https://youtu.be/b00j2aCT6Ug?
Follow and Support Second Thought!
Twitter: https://twitter.com/_SecondThought
Patreon: https://patreon.com/secondthought
BuyMeACoffee: https://www.buymeacoffee.com/secondthought
CashApp: $JTChapman

Watch More Second Thought:
Latest Uploads: https://www.youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27
Spaaaaaace!: https://www.youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v
What If...: https://www.youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi
Popular Videos: https://www.youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN

About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!

Business Email: secondthoughtchannel@gmail.com

Видео McDonald's $3.4 Billion IOU To Itself канала Second Thought