Talk for Article "EU proposes to tax tech giants on revenue rather than profits"

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  1. [ This comment is from a user you have muted ] (show)

    Taxing revenue seems to suffer from the an assumption that any authority so doing would get rivers of gold flowing into consolidated revenue. Also the assumption is that the ordinary people would suddenly get a lot poorer. Neither of these is correct cause everything depends on the proportion of tax relative to revenue. Suppose the revenue tax is 1% what result would the financial model show?

  2. [ This comment is from a user you have muted ] (show)

    9/10
    Good article, hope further implications of this tax could be addressed. Why it could be a game-changer and why not?

  3. [ This comment is from a user you have muted ] (show)

    The taxing of revenue rather than profits is a bold step, and would garner much bigger sums for the authorities.

    The link here has a paywall, and it is not declared in the article. It’s good to write that down, that has value.

  4. [ This comment is from a user you have muted ] (show)

    No doubt many people are thinking about tax. Tax is the price we as individuals should be happy to pay for the many wonders of an prosperous and well ordered social community. But that is not the case we all act as if tax is the theft by the state of our rightful property. I oppose that view and suggest moreover that revenue should be taxed and all financial transactions should be taxed as well. Begin by banning all Cash.

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