fyoving
Joined 7 years ago
Joined 7 years ago
And are you suggesting that france doesn't subside specific industries?
If you're complaints are exclusive to the aviation and defence industries then a US complaint regarding the EU and france could include that and every other industry.
Considering the rhetoric leading to this tax and the french government's many raids and failed investigations into US companies and their taxes it's difficult even with careful wording for the french government to deny the actual target of this tax in a WTO type setting.
If you think that these "loopholes" should be closed then close them for all companies and countries, don't enact discriminatory laws and then act indignant about it.
If you look at EU policy as france and germany protecting their perceived interests by targeting US tech companies it starts making sense, I think a rule of thumb there is: "if it hurts google it should be law".
Not sure how wise it is for politicians to employ a populist strategy against companies that outstrip them in favorability among the average citizen.
I'll credit the WSJ for counting themselves among those enemies, but what I find vexing with all these reports is the constant and casual mentions of "breaking up" these companies as though it's a viable and realistic outcome which it isn't and any self respecting publication should present things in the proper context.
The problem isn't a lack in revenue the problem is that we are spending it on the wrong stuff.