This can only be the first step. Since this is a political move, why not change the law and restructure taxes? It's difficult for cities to tax value creation i

This can only be the first step. Since this is a political move, why not change the law and restructure taxes? It's difficult for cities to tax value creation if that value is created globally, in a data centre, somewhere on the planet. Why should the city that just happens to host the data centre be able to tax the profits that are created in that data centre? Or worse, why should a company choose any city for its headquarters and pretend that the value is created there? On a global scale, which society or political entity should have the right to tax profits that are created on the internet? How should cities be financed if most of the commerce in the city happens on the internet, outside of the city limits?