Posted on 07/27/2019 6:48:37 AM PDT by Monrose72
PARIS (Reuters) - Finance Minister Bruno Le Maire said on Saturday that France would proceed with taxing revenues of big technology firms and urged the United States not to bring trade tariffs into the debate on how to fairly raise levies on digital services. Le Maire was responding to U.S. President Donald Trumps threat to tax French wines in retaliation for Frances digital services tax, which he says unjustly targets U.S. companies. Its in our interest to have a fair digital tax, Le Maire told reporters, speaking in English. Please do not mix the two issues. The key question now is how we can we get consensus on fair taxation of digital activities.
(Excerpt) Read more at reuters.com ...
From my experience, French “full-bodied” red wines like Merlot are less full-bodied than American Merlot or Argentinian Malbec wines. Also, some top American Pinot Noirs (even in <50/bottle range) can hold their own against top French Pinots in that price range.
OK,fair enough...and it's in *our* best interests to have a fair wine tax.
I’m with YOU. I’m trying to figure out why POTUS is defending the megacorps that are busting their buns to overthrow HIM. The Frogs can only tax the profits the digitals reap in France. What’s the problem. The digitals are not American entities, tho they may reside here. They are global, One Worlder, Never Trumper, America haters. Tax their @$$e$ off!
“...which has a bouquet like an Aborigine’s armpit.”
I don’t think they’d allow that these days. More’s the pity.
I had wine both foreign and domestic wines considered great, good, mediocre and awful. I never really acquired a taste for any of them. (Also the Sulfites and tannins gave me headaches)
Someone who needs the fancy French wines that bad should be able to pay the tariff.
I can no longer drink alcohol due to medications I take, so the point is moot with me. If I could, Id be drinking American beer ( of late yuengling) and any good Kentucky Bourbon, usually straight up with said beer as a chaser.
The French don’t produce much, if any, single varietal wines.
They are almost always blends.
I don’t know how you were able to find a French “Merlot”.
Plenty of local options for pretentious French products. Raising import taxes will not hurt me.
We have found plenty of local options that are alot cheaper. My pallet is not that refined so why waste the money on some pretentious over priced French wine or “sparkling” wine. I prefer red wines such as Melot and Charaz.
Sometimes I feel Trump has memorized Boyd’s OODA Loop scenario. He always seems to be inside his opponent’s decision cycle. The Frogs never expected him to go after wine, did they?
Tariff the wine!!
“France urges Trump: ‘Don’t mix digital taxes and wine tariffs’”
well, france, it’s not like it’s gonna work for us to put tariffs on french electronics coming into the U.S., right?
still, wine tariffs aren’t enough; i think we need to add cheese, croissants, frog legs and the like as well ...
In general for everyone, The US market for French wine is the strongest export market they have for that product: 1.67 Billion Euro.
Currently, the EU (not France alone) charges an import duty of $0.11 per bottle on a 13% alcohol white and we charge $0.05 for a similar bottle from France. Alcohol content is the bulk of the tariff determination, not price at wholesale import.
Wine in bulk has a different tariff setting;
Example: Chateau La Bastienne Montagne-St.-Emilion 2016
Regards.
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