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I can understand why Canada and almost any other country would be upset about the huge rivers of money flowing out to a foreign tech company, but this tax looks
by igammarays 6y ago
I can understand why Canada and almost any other country would be upset about the huge rivers of money flowing out to a foreign tech company, but this tax looks like it’ll just make things more expensive for the Canadian consumer. I think a better way to protect Canadian interests would be to require that personal data, servers, and support staff serving Canadian consumers be located within the country.
- verdverm 6y agoWhat happens when every country you operate in wants this?
- igammarays 6y agoGood. Make the tech giants pay towards the countries’ infrastructure they depend on. They can afford it.
- verdverm 6y agoGood? Do you have any idea how much this would cost? The administration alone would be a nightmare. The solution will be to stop doing business in many of the countries, where it no longer makes sense. Besides, it will still be cheaper to buy politicians. You'd have to fix that first.
- tomatotomato37 6y agoIf you're company is based in US/India/China you can just go "fuck it" and only offer your services internally, and still becoming absolutely ludicrously filthy rich because your home country is the size of a continent with individual states/provinces producing more economic output than some old world nations. If you aren't based in an absurd world superpower than you just go bankrupt.
- verdverm 6y agoKinda reminds me of this podcast / transcript about one person's ideas on the coming geopolitical reorganization https://www.chartercitiesinstitute.org/post/charter-cities-podcast-episode-6-peter-zeihan https://www.chartercitiesinstitute.org/post/charter-cities-p...
- voisin 6y agoThe Canadian government making something needlessly more expensive for Canadian consumers? I am shocked, shocked I say.
- donmcronald 6y agoYeah. Obviously he doesn’t know how the internet works and they don’t understand just how big these tech companies are. A threat that would take away the entire Canadian market might not even get traction. Canada: You have to pay us one cent per result that includes our content. Google: Ok. You have to pay use 2 cents per view that shows your content if you want to be included in search results. Lol. I’m Canadian and 100% on-board with the idea that big tech is out of control, but there’s got to be better options than this. How about some consumer rights legislation?