In Europe there is, due to the falling tax revenues, a debate about who should now carry the burden - which is temporarily being placed on high earners but that

In Europe there is, due to the falling tax revenues, a debate about who should now carry the burden - which is temporarily being placed on high earners but that will ultimately reduce revenues even further as they flee to more accommodating jurisdictions. It is an anomaly (in European eyes) that the most profitable businesses, particularly overseas technology businesses, are paying little or no tax currently. I suspect these companies are going to become a target for tax on both sides of the Atlantic over the next two years as governments try to reduce deficits - there are not many other sectors making profit right now.