To: HAL9000
Our high tech suppliers are going to suffer a little market share loss....thats okay because the playing field will be level and we'll still out compete them.
The real loser in this is the consumer in European countries. They will now find themselves suddenly paying up to 25% more for services just like that. US suppliers will hand them an invoice with a nice little US price and a nice EU VAT line item. If they want to screw themselves out of 25% of their paycheck or earnings to feed a growing bureaucracy in Brussels then so be it.
Check that bottom line citizens of Europe. Laugh at how you screwed the US corporations. Then pay up.
5 posted on
05/07/2002 9:52:50 PM PDT by
Arkinsaw
To: Arkinsaw
The real loser in this is the consumer in European countries. They will now find themselves suddenly paying up to 25% more for services just like that. US suppliers will hand them an invoice with a nice little US price and a nice EU VAT line item. Actually you'll see scads of Euro-dudes cruising ebay looking for whatever they need.
To: Arkinsaw
This situation puts EU business at a disadvantage, which is why the Commission has presented these proposals.
Say what Euroweenie....? if you didn't have a VAT then problem solved,
Big number of Europeans would like the VAT to go away...after all..it is used to finance that additional layer of beaurocracy called the EEC
To: thud
A Euro econo-suicidal Ping
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