Posted on 08/23/2019 8:32:46 PM PDT by Berlin_Freeper
The US will not negotiate a free trade deal with the UK unless a new digital services tax is dropped, according to a newspaper report.
The measure, which was proposed in 2018 by then chancellor Philip Hammond in response to fears that technology giants were not paying their fair share of tax, is due to come into effect in April next year.
(Excerpt) Read more at news.sky.com ...
I’d prefer the tax. Make Google feel a bit of pain...
I know they’re talking about taxes on US companies, but who are we to tell the UK what they can tax and what they can’t?
[I know they’re talking about taxes on US companies, but who are we to tell the UK what they can tax and what they can’t?]
Macron’s basically saying he wants whatever he wants, same as the UK tax authorities. Traditionally, corporations have paid most of their taxes in their home countries. Macron probably foresees a world in which Google pays more taxes in France than in the US. That will work for as long as the US doesn’t retaliate against French companies.
I hope this is not true. They have the right to charge for advertising and selling advertising data. I can’t believe that those companies would have pull in this administration.
Work with Boris Johnson. We need to keep him in the PM job to work with Trump. They will meet for the first time in a few hours at the G 7 meeting.
>”I know they’re talking about taxes on US companies, but who are we to tell the UK what they can tax and what they can’t?”
Because POTUS is negotiating the deal and is setting the terms. He is offering them control of markets into Europe and he is letting them know their liberal dingbats won’t be doing whatever the hell they want to do in the new trade deal.
[I hope this is not true. They have the right to charge for advertising and selling advertising data. I can’t believe that those companies would have pull in this administration.]
https://www.bbc.com/news/business-43566751
We’re certainly free to tell them who we will deal with and on what terms. Then can do as they wish.
“We’re certainly free to tell them who we will deal with and on what terms.”
True. I just don’t understand why we care.
Making deals: know where the other side is weak and where it is strong.. and apply the pressure where they feel it the most.. and don’t quibble.
We aren't telling them they can't tax US companies -- we are telling them that if they want a free trade agreement with the US they can't impose this kind of tax.
They are perfectly free to reject that condition and live without a free trade agreement. OTOH a free trade agreement may be very advantageous to them with Brexit coming up and they might want to negotiate.
When you tax something, you control it.
POTUS said two months back that if anyone will tax the Cocky Tech Lords it will be his administration that does so.
His DOJ also announced the FTC and the FCC opened antitrust investigations into Fakebook and the others.
These tech companies are now in the cross-hairs of the Trump movement. If they are taxed by liberal Euro-weenies, they may end up in debt and need to sell their assets to Juncker, Macron and that pile of stinking leadership and PRC China’s quest for world colonization.
No way will the EU be allowed to take over the US social media which was originally funded by DARPA and CIA elements (for developing spy tools).
As far as I am concerned, there are coming replacements for Suckerberg’s Life Log, Dorsey’s shadow banning censors, the bastards behind Sundar Pichai. And Satya Nadella better watch his step and understand that globalist cliques are not where it’s at which is a road to Juncker’s crumbling empire.
I ditched Chrome and Edge, I am totally on BRAVE now and it’s much, much better.
I listened to an hour in the background of Sebastian Gorka’s new America First news network and it was excellent. I was able to work at the keyboard while listening to Gorka and his guests Sara Carter, John Solomon and was comforted to know there are very competent people keeping tabs of the goings-on in the world and keeping me informed with minimal distraction.
I was one of the first people in 1996 to listen to Tony Snow’s Fox News Sunday and ask an online question of his guest Dick Armey. I predicted then that Fox News would become number one in cable news and I was correct only now Fox News is going in the crapper.
Why mention all this? Because time and time again we see conservatives bounce back after lefty a-holes try to grab power. Today it’s the FB-Goog-Twit nexus. They will be gone after a few more seasons because trustworthy replacements are on the way.
Take it to your own personal bank: ***The Times They Are A-Changin’***
Basically what it is, as I understand it, is that Europe, by taxing US companies, hope to cause the tech companies to have to start charging for their services so that US customers will pay European taxes surreptitiously.
The US will not negotiate a free trade deal with the UK unless a new digital services tax is dropped, according to a newspaper report.
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The Telegraph says that Liam Fox was among those warned about the digital tax by senior US politicians last month, while he was international trade secretary.Ron Wyden, the most senior Democrat on the Senate finance committee, was reported to have told Mr Fox: "There should not be any negotiations on a trade deal as long as a digital services tax is being pursued by Britain."
They want a fair, free trade deal, yet they want to penalize US tech companies with an additional tax so they can protect and promote UK and EU competitors with their government’s assistance. How, exactly is that fair?
Or, put another way and using another product, this is as if they said, “We want a fair and free trade deal, but we’re going to impose a new special and specific tax on any Ford, Chevy or Chrysler that you try to sell here! And don’t you dare tax our Rovers, MGs or Austins!!!!!!”
Yes, but in this case he’s right.
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