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This is a fallacy. Sure government gets income tax, but that is nowhere near the billions that are siphoned out of the economy. The income tax come from workers
by varispeed 5y ago
This is a fallacy. Sure government gets income tax, but that is nowhere near the billions that are siphoned out of the economy. The income tax come from workers, who then have less money to spend in the local economy and that causes further negative effects.
> that is no guarantee because companies may just opt to not operate in the EU.
Great. Tax dodging companies should be banned and because of that local competition will have a chance to grow.
If they banned Uber from operating EU wide, I am sure smaller local companies would have picked up the market and that would benefit economy much more.