The illegal kind he is not allowed to impose?
Do it. FAFO
Canada got rid of our digital services tax and it didn’t help. Don’t bother getting rid of anything Trump wants gone because it is just what a bunch of billionaires are telling him to do.
Oddly billionaires probably told Mark Carney the same thing so he was happy to be rid of this DST.
We have a saying in Dutch: “If you give him a finger, he will take your whole hand.”
Appeasing Trump doesn’t work, because he will just demand more.Brookfield Asset Management (BAM) is a major global investor in digital infrastructure and services, with over $100 billion invested in AI-related infrastructure, digital connectivity, and clean energy to support it. Their holdings focus on the essential physical and digital “backbone” required for data storage, transmission, and AI computing.
Lemmy really needs some critical thinking about Mark Carney. This is not a statesman.
Has anyone ever asked him “and how does that affect the UK?”
How long until the world is vaccinated against these tariff related threats and just doesn’t care anymore?
There are other countries, other continents, other markets, other currencies… Just ignore that old demented guy.
The only solution is to aggressively denazify, by aggressively replacing US tech with OSS and home grown vendors.
Germany should take taxes for digital services, too! They make billions and billions… they can pay taxes
Germany is in EU, so it’s not up to Germany alone, but I agree EU should do it too.
The EU should ban US services from all new government contracts.
I agree, luckily many places in EU are already working on it, and a few have already replaced American services.
EU also has a program The “EuroStack” Initiative for all of EU to work on independence from US Services and technologies:
https://eurostack.eu/
It actually is up to Germany, the EU can only make recommendations and threats, they cannot actually force their members to do anything, especially the founder members (which includes Germany)
If it is a TAX specifically on US services, it is a tariff.
But I can see they UK has designed it to go equally for everybody:The tax targets companies whose worldwide revenues from digital activities exceed £500m ($673m), with more than £25m of the revenues from UK users.
IMO we should have a TAX specifically on US tech companies.
Taxation is done by the individual member states, not the EU. Germany could impose a digital services tax if they wanted to, without needing permission from the EU to do so.
Taxation is done by the individual member states… for now.
Due to the creation of EU debt first for COVID, then for Ukraine the EU is going to need some way of paying it back sooner or later. Expect to see some Europeans lose their shit over the next decade at the inevitable federalization this will cause. Excellent news for federalists though.
Even if at some point the EU will be given the power of taxation (which I’m not yet seeing as an inevitability at this point), that doesn’t automatically mean that that power will be stripped from the individual member states.
We only need to look at the US as an example of a federation where both the federal government and the states have the power of taxation. It wouldn’t be unprecedented.
You’re 100% correct. I should have written “Taxation is only done by the individual member states”, quite right.
If it is a TAX specifically on US services, it is a tariff.
But I can see they UK has designed it to go equally for everybody:The tax targets companies whose worldwide revenues from digital activities exceed £500m ($673m), with more than £25m of the revenues from UK users.
IMO we should have a TAX specifically on US tech companies. So they would be easier to replace with European services.
Taxation is not a tariff.
If Germany wants to tax digital services (meaning all digital services and not just American digital services) that is not a tariff. Germany is free to tax digital services as long at it doesn’t directly target US digital services.
Edit: This comment is a response to the initial text before being edited.
Sorry I made a pretty significant edit. Exactly because I found out that the way UK designed it, it is not a tariff.
No problem. We all misinterpret things from time to time.
I believe it is important that we don’t blindly accept Trump’s framing that this is a tariff, because that is exactly the framing Trump used to justify his “retaliatory” tariffs from last year.
Do business in a country, you follow their laws.
Fuck off America.
This guy hasn’t done one thing successfully in his entire adult life without ripping someone off
He still does not recognize how laughable his “tariffs, tariffs” shouting is?
Not sure if you’ve heard but he’s both demented and unbelievably stupid.
I’m the Trump-whisperer: Here’s the translation
“Might” = “Most definitely will”
“if” = “Regardless of whether or not”
Thanks for coming to my Ted Talk.
I don’t think so. The “regardless whether or not” part is true, but “might” is usually “if it’s actually possible, I don’t forget about it and change my opinion an even number of times”.
Isn’t he only allowed to leverage emergency tarrifs for like 60 days or something right now?
When has that orange muppet last given a single shit about whether he was allowed to do something?
When Epstein told him so (and waved the tapes at him).
Wouldn’t bet on it. He lies so much that anything he says is basically meaningless at this point. It’s certainly not worth any government making any decisions based on words like this anymore.
Basically he’ll give corporations a reason to jack prices, the take the windfall when it’s struck down…again
TACO at it again
