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I think that the idea of taxing advertising makes a lot of sense for the EU. Right now the US is effectively sucking the money out of the EU using its massive
by jondubois 9y ago
I think that the idea of taxing advertising makes a lot of sense for the EU.
Right now the US is effectively sucking the money out of the EU using its massive social advertising armada. I bet that most of the ads are driving consumers towards US-based brands at the expense of EU-based brands.
If the EU imposed a tax on advertising, it would allow the EU government to reclaim some of these losses and level the playing fields for EU companies by reducing the power of advertising.