4 ms·
This feels like US wants to keep competition out from creating big companies. Very similar to feeling to how wealthy wants higher income taxes (not wealth taxe
by hemantv 5y ago
This feels like US wants to keep competition out from creating big companies.
Very similar to feeling to how wealthy wants higher income taxes (not wealth taxes) when they have all the money the need. To maintain status quo.
Seems like US enjoyed with this arrangement by creating very large companies (monopolies) worldwide, now they want to keep US world order intact.
Good for world, China wouldn't play balls with this. Bad for Europe since they have ever smaller shrinking big companies.
- M2Ys4U 5y agoThis is good news for countries where US companies are active, but use creative accounting to move their profits out of those countries.
- ffggvv 5y agopretty sure google and facebook would be just as big even if they didn’t dodge taxes. especially as they were already sizable before they started doing it. it’s mostly to disincentivize all this creative accounting