by Isofarro on 7/11/19, 6:46 AM with 93 comments
by Ragnarork on 7/11/19, 9:37 AM
They make a profit somewhere, they pay their taxes, period. Those loopholes need to be closed.
by jklepatch on 7/11/19, 9:44 AM
And generally speaking the US has a trade deficit with Europe: https://ustr.gov/countries-regions/europe-middle-east/europe...
My understanding of the economic system between the US and the world is that other countries support the US dollar by using it for trade, and that the US in turn is able to print a lot of US dollars that can be used by american consumers to buy goods from the world.
Could other countries retaliate to US trade tariffs by dedollarizing trade?
by csomar on 7/11/19, 9:59 AM
This seems to be the problem. The EU laws have allowed these companies to avoid taxes. Small countries just next to France (Luxembourg) are able to help these companies. But France will not go against these countries and instead try to handle things through taxes.
I don't think this will workout greatly for France. France solution to everything seems to be: "Put a tax on it". The EU needs to get its crap together.
I don't like Tariffs. But if you worked internationally you should know that the US is one of the most open countries when it comes to doing business. You can open a company, a bank account, get a tax ID, buy shares in US companies, trade, etc...
by pjc50 on 7/11/19, 10:04 AM
(Also, the US trying to bully France on this one is unlikely to go well, that tends to trigger a French nationalist response.)
by aluren on 7/11/19, 9:22 AM
by olivepistacchio on 7/11/19, 10:54 AM
by raverbashing on 7/11/19, 10:28 AM
by Bayart on 7/11/19, 10:46 AM
by dustinmoris on 7/11/19, 9:13 AM
China has been on track to overtake the US as the largest economy for many years now. The US obviously feels threatened by the shift of economic powers and currently tries every thing they can to prevent this from happening, but it's going to happen regardless. China has a stable country, a hard working population, people feel content and the government is looking after its people despite what Western media is reporting. The Western world is increasingly becoming divided, fueled by capitalist greed, social media which is anything but "social", huge wealth disparities, racism and many other deep ingrained problems. The US might complain about other nations spying, etc., but it is the US and the NSA who has been the only nation which has been proven black on white that they have been grossly spying on everyone else in this world, it is the US which is the only nation which is constantly starting wars with other nations and destabilising economies. It's not China, nor France, nor the EU.
I can only recommend anyone in the US to go and visit other nations and explore the world and it becomes very quickly apparent that the Western world has some deep issues which other countries seem to be much better in control of. If entire freedom of everything means that people live divided, in poverty, exploited, plagued by suicide, mental health issues, obesity and mass shootings, then maybe the way the West has shaped in the last 50 years is not all that great which everyone wants us to believe.
Other countries have other issues, but honestly, after being to many many other places and far East I can only say that these problems look minor in comparison to what I observe in the West.
by fyoving on 7/11/19, 9:20 AM
If you look at EU policy as france and germany protecting their perceived interests by targeting US tech companies it starts making sense, I think a rule of thumb there is: "if it hurts google it should be law".