Reply to post: Re: EUSSR

Europe plans special tax for Google, Apple, Facebook, Amazon

DavCrav

Re: EUSSR

"No fortune is being taken out of the economy, in fact by definition a loss making company is spending more than they make, so that money is coming out of investors pockets and into the economy..."

The problem, as you either don't see or pretend not to see, is that (for example) Starbucks is a profit-making company globally, but miraculously a 'loss'-making company everywhere other than tax havens. The point is, they aren't loss-making, they are lying. A turnover tax should be considered a 'tax of last resort'. It's the equivalent of saying 'You're a liar. Everyone knows you're a liar. We can prove that you are behaving like a massive bunch of dicks, and this is the result. You brought it on yourself, now open your wallets you greedy bastards.'

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