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I don't think this is a very good characterisation at all.

Nations don't have a lot of control over what goes on outside their borders. They can try, but it's hard.

So you end up with weird 'race to the bottom' scenarios where everyone is trying to out-do one another with lower rates i.e. a giant prisoner's dilemma.

Something needs to be done collectively to sort out the problem and this kind of activity is how it's done.

This effort is not about 'fleecing' it's more or less trying to but a lower bound on corporations ability to avoid paying taxes.

It's the opposite of 'not serving their citizens' - it's making sure that taxation is applied to international corps in some consistent way.

I don't think 'conspiracy theorists' have been talking about this one.



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