FabSwingers.com > Forums > Politics > The mango c.. t at it again
The mango c.. t at it again
Jump to: Newest in thread
"He is like a sledgehammer cracking a nut, but the intentions he has are fine, why wouldn't he try and protect US assets and income?"
Now why could we not think about that ?
One day it would be lovely to hear someone say that they are putting the "Great" back into Britain instead of importing third world crap . |
Reply privately, Reply in forum +quote
or View forums list | |
 |
By *otMe66Man 1 day ago
Here and there |
"He is like a sledgehammer cracking a nut, but the intentions he has are fine, why wouldn't he try and protect US assets and income?
Now why could we not think about that ?
One day it would be lovely to hear someone say that they are putting the "Great" back into Britain instead of importing third world crap ."
Starmer and now Burnham talk about investing in the country but have not one idea of how to that without attacking the businesses and people who actually generate the revenue needed for growth.
Pat McFadden, “Every meeting I have is, Who can we tax in order to pay benefits to others? They’re asking the wrong questions.”
Trump sees things differently, he promotes success and protects US business. |
Reply privately, Reply in forum +quote
or View forums list | |
Not sure why Trump gets called name for this.
The UK and some EU countries have devised a form of digital services tax, with conditions such that they mostly only apply for the American big tech. In the UK, this tax is not even on the profit. It's on revenue.
The result? It's the European consumers who are footing additional bill. Amazon, for example, added a digital services fee pointing out this tax as the reason.
On one hand, as always, the European politicians have fucked their own people while pretending like they are fighting the evil big tech.
On the other hand, Trump is doing what is needed to help American businesses, because you know... he is the president of America. Is a politician doing something that helps people and businesses of his own country such a controversial thing these days? |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *deepdiveMan 1 day ago
Canterbury and France (26) |
"Not sure why Trump gets called name for this.
The UK and some EU countries have devised a form of digital services tax, with conditions such that they mostly only apply for the American big tech. In the UK, this tax is not even on the profit. It's on revenue.
The result? It's the European consumers who are footing additional bill. Amazon, for example, added a digital services fee pointing out this tax as the reason.
On one hand, as always, the European politicians have fucked their own people while pretending like they are fighting the evil big tech.
On the other hand, Trump is doing what is needed to help American businesses, because you know... he is the president of America. Is a politician doing something that helps people and businesses of his own country such a controversial thing these days?"
I can't disagree with that!
I only wish they we had our home grown competitors but any company that starts in Europe is either lured or bought out by stateside companies.
I guess that this goes back to taxes in Europe vs the US and rewards which is another argument and covered in another discussion. |
Reply privately, Reply in forum +quote
or View forums list | |
"Not sure why Trump gets called name for this.
The UK and some EU countries have devised a form of digital services tax, with conditions such that they mostly only apply for the American big tech. In the UK, this tax is not even on the profit. It's on revenue.
The result? It's the European consumers who are footing additional bill. Amazon, for example, added a digital services fee pointing out this tax as the reason.
On one hand, as always, the European politicians have fucked their own people while pretending like they are fighting the evil big tech.
On the other hand, Trump is doing what is needed to help American businesses, because you know... he is the president of America. Is a politician doing something that helps people and businesses of his own country such a controversial thing these days?
I can't disagree with that!
I only wish they we had our home grown competitors but any company that starts in Europe is either lured or bought out by stateside companies.
I guess that this goes back to taxes in Europe vs the US and rewards which is another argument and covered in another discussion."
"Follow the money" |
Reply privately, Reply in forum +quote
or View forums list | |
"Not sure why Trump gets called name for this.
The UK and some EU countries have devised a form of digital services tax, with conditions such that they mostly only apply for the American big tech. In the UK, this tax is not even on the profit. It's on revenue.
The result? It's the European consumers who are footing additional bill. Amazon, for example, added a digital services fee pointing out this tax as the reason.
On one hand, as always, the European politicians have fucked their own people while pretending like they are fighting the evil big tech.
On the other hand, Trump is doing what is needed to help American businesses, because you know... he is the president of America. Is a politician doing something that helps people and businesses of his own country such a controversial thing these days?
I can't disagree with that!
I only wish they we had our home grown competitors but any company that starts in Europe is either lured or bought out by stateside companies.
I guess that this goes back to taxes in Europe vs the US and rewards which is another argument and covered in another discussion."
Yes, we need to ultimately ask why the UK hasn't managed to build and run big tech companies like that. No easy answers there. |
Reply privately, Reply in forum +quote
or View forums list | |
"i'm not convinced that there is a benefit to having amazon who famously avoid their corporate tax responsibility etc. in the uk"
There are over 10 million Amazon prime members from the UK. If you add people doing ad hoc purchases to it, it is estimated that over 20 million people in the UK every month. In fact, over 80% of online shopping happens on Amazon.
Over a quarter of the global cloud market is owned by Amazon. Basically one in four websites you visit runs on Amazon's infrastructure.
No benefits, did you say? |
Reply privately, Reply in forum +quote
or View forums list | |
"i'm not convinced that there is a benefit to having amazon who famously avoid their corporate tax responsibility etc. in the uk"
Their responsibility is to their shareholders and to their customers, by extension.
Tax is the responsibility of governments. Trump plays his game and the UK play theirs. Your issue is with the weakness of the UK, not Amazon. |
Reply privately, Reply in forum +quote
or View forums list | |
"It's the European consumers who are footing additional bill. Amazon, for example, added a digital services fee pointing out this tax as the reason"
This is working as intended, surely. Like a tariff. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *abioMan 5 hours ago
Newcastle and Gateshead |
"i'm not convinced that there is a benefit to having amazon who famously avoid their corporate tax responsibility etc. in the uk"
This…. If they are selling things within the uk to Uk customers, they should not be allowed to offshore to avoid paying Uk taxes…
|
Reply privately, Reply in forum +quote
or View forums list | |
"It's the European consumers who are footing additional bill. Amazon, for example, added a digital services fee pointing out this tax as the reason
This is working as intended, surely. Like a tariff."
Exactly! Basically some European countries imposed Tariffs on American companies. And Trump is threatening retaliatory tariffs. I don't see anything wrong with that. |
Reply privately, Reply in forum +quote
or View forums list | |
"i'm not convinced that there is a benefit to having amazon who famously avoid their corporate tax responsibility etc. in the uk
There are over 10 million Amazon prime members from the UK. If you add people doing ad hoc purchases to it, it is estimated that over 20 million people in the UK every month. In fact, over 80% of online shopping happens on Amazon.
Over a quarter of the global cloud market is owned by Amazon. Basically one in four websites you visit runs on Amazon's infrastructure.
No benefits, did you say?"
What benefits are there to the UK though? |
Reply privately, Reply in forum +quote
or View forums list | |
"i'm not convinced that there is a benefit to having amazon who famously avoid their corporate tax responsibility etc. in the uk
There are over 10 million Amazon prime members from the UK. If you add people doing ad hoc purchases to it, it is estimated that over 20 million people in the UK every month. In fact, over 80% of online shopping happens on Amazon.
Over a quarter of the global cloud market is owned by Amazon. Basically one in four websites you visit runs on Amazon's infrastructure.
No benefits, did you say?
What benefits are there to the UK though?"
Pretty much every person in the country is using their service. That's not a benefit for the people of UK?  |
Reply privately, Reply in forum +quote
or View forums list | |
"
Pretty much every person in the country is using their service. That's not a benefit for the people of UK? "
The counterargument to that is that it's like China flooding the market with cheap goods, or selling crack cocaine. Governments need to assess the impact beyond the immediate, and act accordingly. |
Reply privately, Reply in forum +quote
or View forums list | |
"
Pretty much every person in the country is using their service. That's not a benefit for the people of UK?
The counterargument to that is that it's like China flooding the market with cheap goods, or selling crack cocaine. Governments need to assess the impact beyond the immediate, and act accordingly."
That's true. But the truth is people still benefit from cheap goods from China, as they benefit from Amazon services. If Amazon disappears one day, even fab may not work 
The question we need to ask is why we cannot have British companies compete with Amazon. |
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic
