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A source close to the G7 talks told The Guardian that several other European Union countries wanted financial services to be excluded from the minimum rate.
by RegnisGnaw 5y ago
A source close to the G7 talks told The Guardian that several other European Union countries wanted financial services to be excluded from the minimum rate.
"The Europeans don't want to pull too many companies into this — they're mostly interested in US tech," the source said.
So basically I want to tax everyone else, that's not me.
- consumer451 5y agoHypocrisy recognizes no national boundaries.
- vkou 5y agoThe US did the exact same thing when it came to aerospace, in order to kill Bombardier.
- machello13 5y agoThat's literally the parent's point. "the US did it too!!!" doesn't make it a good thing.
- vkou 5y agoOnly if you have a dogmatic adherence to globalism. That is not the only valid lens through which to view international trade.
- legitster 5y ago> The Europeans don't want to pull too many companies into this — they're mostly interested in US tech I mean, they are so blatantly honest here it's hard to even be mad.
- MichaelZuo 5y agoWell it does provide good ammunition for said ‘US tech’ who can credibly point to double dealing european interests to deflect one sided criticism.
- LatteLazy 5y agoDon't most of them wash their funds through Ireland? (Big tech firms). So in this instance they're not really US Tech, it's not like this will cost the US...
- PedroBatista 5y agoThat song is older than money itself. The moment one of those millionaires/big corp/lobbyist "accepts" a tax like that, we can be 100% sure they discovered a loophole or carved/paid a way to be exempt.