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If US corporations hike their prices up to cover the tax, that would increase the competitiveness of local companies who have already been paying their fair sha
by Isofarro 8y ago
If US corporations hike their prices up to cover the tax, that would increase the competitiveness of local companies who have already been paying their fair share of tax. Perhaps that's the encouragement governments need to stimulate the local economy further.
- bluecalm 8y agoSounds like tariffs. If you want that - fine it makes sense. Just don't bully others to apply tax rate of your choosing on terms you want on business outside your country.
- bsaul 8y agoEuropean union doesn’t let members decide on tarifs on their own borders.
- joejerryronnie 8y agoJust about everything the EU does these days is blatant protectionism. This short sighted focus on punishing successful foreign competitors vs growing strong local companies just weakens Europe in the long run and exacerbates the very problem they are trying to solve.