Message from @Wizard_of_The_West
Discord ID: 598997609041887238
Well
That's also not relevent, Joey
The idea is basically that they see globalism happening
Silicon valley gonna kill itself. No taxes on Facebook or google is gonna kill silicon valley
The issue is America is getting tax money from profits made on foreign customers
They see money increasingly flowing out, not as much back in, since the internet is only gonna get stronger, so they try to get ahead of it
Where as those foreign countries are not
Trump is protecting American businesses.
Look, I'm a proponent of less taxation, but I also want fair taxation. So France demanding Silicon Valley to pay up makes perfect sense to me.
Same here, ET
I support silicon valley dieing. A 3% tax or whatever on Facebook or Google purchases aren't gonna do nothing
It makes Trump seem hypocritical, Wizard
The purpose isn't to punish them, Joey
How so, he just wants them to be fair. France wants cash and of course an America first President is going to push back.
How so? Silicon Valley are not paying their fair share of taxes on revenue generated abroad
That's why it's only 3%, it seems fair enough
Theres obviously stuff that's going deeper than we see in this article. If this tax was actually to PUNISH silicon valley I bet trump wouldnt be threatening nothing
3% on revenue is equivalent to around 15% corporation tax assuming a 5% profit margin
I think Trump is probably just virtue signalling
Pretending to be against it maybe
I'm not American 😮
If Trump wants fairness, he would be negotiating a tax-sharing scheme
I mean Trump
How about a 6% tax then for 30% corporate tax assuming 5% profit
Oh right
I'm not about to criticise or select a rate, Joey, i'd imagine they set the rate to be roughly in line with their existing corporate tax rate
But in principle, I totally support it
Yeah Trump wants fairness in how the platforms operate. Again you don't get to go say pay up money with Donald Trump in office and expect to not have to make a deal.
Corporate tax doesnt make sense
I'd prefer a cororate revenue tax, personally, rather than taxing profit
France n Britain should raise the taxes on silicon valley higher if they're gonna do anything like that
No
Idiot
Why silicon valley sucks
You dont play with taxes to "punish" companies u dont lile
Of course you would say that, Coolitic, you would prefer the world run by a corporate dictatorship
?
That's why you have it apply to all corporations
When did I ever say that
The French tax isn't a "silicon valley tax", it's a digital services tax - it applies to their own companies too