I didn't even need to click the link to know that Ireland was gonna be one of the three. It's like they have a vested interest, or something.
Yes they're an obvious one. I was surprised though that Luxembourg wasn't listed whist Sweden and Denmark are. I'd be interested to here their objects if anyone can point at a fuller article or discussion of the issues.
Three European Countries Block Tax on Tech Giants
101–110 of 324 posts
Re: Three European Countries Block Tax on Tech Giants
#102To save some of us outsiders from researching, can someone give a brief overview of the proposal? Specifically why new taxes are needed and how the targeting is specified (i.e. who is affected).
I don't understand all the negative comments here. Look at the big profit margins of all big tech companies (maybe with the exception of Amazon retail) and ask yourself whether a moderate, unavoidable tax is really unjustified or will have negative effects on anyone (except maybe the shareholders). I don't think so and in my opinion tech workers should be a bit more mindful when thinking about these taxation topics. I prefer paying high taxes strongly to further social segregation, which will lead to the development of civil unrest and lower quality of life for everyone sooner or later...
Re: Three European Countries Block Tax on Tech Giants
#103As a french, seing french government officials trying to impose their knee-jerk « let’s tax it » reaction to any kind of problem makes me absolutely sick. They’re just a bunch of jealous incompetent insufferable pompous politicians than don’t understand a thing about the private sector and so instead of trying to fix the numerous reason why we don’t have any competitor to google / facebook etc ( such as our best engi…
Please help me understand why is it okay to tax people on income but not corporations?
Re: Three European Countries Block Tax on Tech Giants
#104As a french, seing french government officials trying to impose their knee-jerk « let’s tax it » reaction to any kind of problem makes me absolutely sick. They’re just a bunch of jealous incompetent insufferable pompous politicians than don’t understand a thing about the private sector and so instead of trying to fix the numerous reason why we don’t have any competitor to google / facebook etc ( such as our best engi…
Also, why is it wrong to tax the income of corporations?
Re: Three European Countries Block Tax on Tech Giants
#105As a french, seing french government officials trying to impose their knee-jerk « let’s tax it » reaction to any kind of problem makes me absolutely sick. They’re just a bunch of jealous incompetent insufferable pompous politicians than don’t understand a thing about the private sector and so instead of trying to fix the numerous reason why we don’t have any competitor to google / facebook etc ( such as our best engi…
Please help me understand why is it okay to tax people on income but not corporations?
Re: Three European Countries Block Tax on Tech Giants
#106Earlier quoted context omitted.
>Why should we care whether they are making a profit or not? Because it is generally in everyone's best interest for companies to invest in themselves rather than increase margin at all costs. Growth is good. Many companies would simply go under if you tax them on revenue. >There are so many ways a company can legally and artificially lower its profit numbers Then you try to cut those off as much as possible. Like mo…
> Growth is good Given our current economic situation and our effect on our environment I'm not convinced that it is that simple.
Re: Three European Countries Block Tax on Tech Giants
#107Earlier quoted context omitted.
Please help me understand why is it okay to tax people on income but not corporations?
Corporations aren't consumers, so corporation tax is passed on: to customers, employees, or shareholders. Levying taxes via corporations disguises the true level of taxation.
Re: Three European Countries Block Tax on Tech Giants
#108As a french, seing french government officials trying to impose their knee-jerk « let’s tax it » reaction to any kind of problem makes me absolutely sick. They’re just a bunch of jealous incompetent insufferable pompous politicians than don’t understand a thing about the private sector and so instead of trying to fix the numerous reason why we don’t have any competitor to google / facebook etc ( such as our best engi…
Please help me understand why is it okay to tax people on income but not corporations?
Taxing on revenue means a corporation that actually loose money because its expenses (salaries, investmenst, etc) are larger than its sales would still have to pay taxes, making it loose even more money. It doesn't make any kind of sense unless you're targeting a very particular set of companies that you know are making money. In which case you're taxing those companies, but you're also creating a law that makes it almost impossible for new companies to start competing.
Re: Three European Countries Block Tax on Tech Giants
#109Earlier quoted context omitted.
Yes but a lot of that is done by allowing large companies to offshore their profits.
No, that's not completely true. It's a part of the picture but there's plenty more strokes going on than that.
Re: Three European Countries Block Tax on Tech Giants
#110As a french, seing french government officials trying to impose their knee-jerk « let’s tax it » reaction to any kind of problem makes me absolutely sick. They’re just a bunch of jealous incompetent insufferable pompous politicians than don’t understand a thing about the private sector and so instead of trying to fix the numerous reason why we don’t have any competitor to google / facebook etc ( such as our best engi…
As a French, I totally support this tax. It's easier and more expedient to do it this way than to reform the taxation policies of every European countries. Also, why is it wrong to tax the income of corporations?