4 ms·
We're at the point that MAMAA/FAANG (might as well call them MAGA now) can dictate 0% tax in the UK instead of a measly 2% because those platforms were co-opted
by dredds 1y ago
We're at the point that MAMAA/FAANG (might as well call them MAGA now) can dictate 0% tax in the UK instead of a measly 2% because those platforms were co-opted by foreign countries to promote Brexit, leading to economic servitude. Starlink is now being foisted upon economically susceptible countries leading to a potential monopoly of connectivity, giving ultimate power to broker even more concessions down the line, not to mention increasing political thought-control.
Welcome to 2025's take on 1984.
- louthy 1y ago> can dictate 0% tax in the UK instead of a measly 2% This hasn't happened (yet, at least).
- dredds 1y agoThanks, i heard it's included, but services agreement may come separately. "Britain's digital services tax, imposed on U.S. companies like Amazon, Google and Meta, will not be changed under the terms of the trade deal agreed between the two countries on Thursday"
- louthy 1y agoThere is a "tech agreement" coming which will augment the agreement announced yesterday. Essentially, they announced an agreement before agreeing everything! Probably Trump needed it to get some positive news after his recent nonsense. Personally, I don't mind the tax being dropped as long as the UK gets something in return that's worth the equivalent or more. We (the UK) export more services to the US than we get in return, so it would seem preferable to make services trade as friction-less as possible.