Then the tech firms raise prices in the EU. That’s what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.
If there’s one thing we’ve learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer
What people don’t seem to realize is that the US effectively subsidizes the digital sector by means of minimal taxation. The EU should tax the fuck out of US tech companies, and incentive European alternatives and especially FOSS.
Oh,and Ireland (country that I love, btw), get rid of the parasitic sector, wich may bring in money, but also fucks up your country. See housing, for example.
Then the tech firms raise prices in the EU. That’s what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.
If there’s one thing we’ve learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer
If the EU gives more incentives to their companies, US tech firms will come back begging like little bitches to claim EU domicile.
What people don’t seem to realize is that the US effectively subsidizes the digital sector by means of minimal taxation. The EU should tax the fuck out of US tech companies, and incentive European alternatives and especially FOSS.
Oh,and Ireland (country that I love, btw), get rid of the parasitic sector, wich may bring in money, but also fucks up your country. See housing, for example.
And data centers.
Do the leaders in the EU also have stock in all the big tech companies like Carney does?