Message from @Eccles
Discord ID: 598996220899360779
Trump slipped up tonight
What he do?
He threatened sanctions at France for daring to institute a digital services tax to reclaim money Silicon Valley are dodging tax on on revenues made in France
Need source explaining the full context
Jeez man can France be any worse?
Tax tax tax
UK is planning similar, and rightly so
Emanual's last name should be tax
Silicon valley needs to be abolished anyway.
France is doing Trump's job for him
Trump is wrong on this
France has absurdly high tax rates, but it's going to reduce it in the coming years, in particular the corporate income tax
France's tax rate is not relevent to the principle here
Those taxes are dumb
They're just trying to siphon money generated to fund their social system, even then still that tax ain't gonna do nothing
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
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
You can't say your America first then cave to international taxes.
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