4 ms·
There are to points here: on one hand, overregulation in general, which is what my point about not being able to compete was about. Specifically, how many Europ
by oliverx0 7y ago
There are to points here: on one hand, overregulation in general, which is what my point about not being able to compete was about. Specifically, how many European tech companies do you know that operate at the same level (in terms of users and / or revenue) as US tech companies?
Then come the specific regulation of US companies in Europe. Have you heard of the so called Google Tax? It is essentially a tax on tech companies that make more than $X in revenue, which only happens to affect US companies at the moment.
- jstummbillig 7y agoLet's grant all that: What leads you to the conclusion that this is overregulation on part of the EU, and not underregulation by the US? I can see no argument being made for the former, other than "well, it's tough to compete with a country that does not regulate as much". Well yeah, certainly. But then that can of course be said about anything from environment laws to child labor.
- oliverx0 7y agoIt is just my point of view that there is overregulation in the EU and not under regulation in the US. There are arguments to be made on both sides. I am expressing my point of view and trying to provide reasonable arguments, understanding that you might disagree.
- mnm1 7y agoHow is this Google tax different from other "sin" taxes like the ones placed on alcohol and tobacco? Considering the tech companies' products are likewise harmful to society, the only thing that doesn't make sense is why the US isn't imposing extra taxes on these companies that are wreaking havoc on our society. I hope the EU taxes them even more because whatever they are taxed at, it's not enough to make up for the damage to our society.