this post was submitted on 13 Jul 2025
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[–] ccunning@lemmy.world 172 points 1 day ago (4 children)

The anti-coercion instrument, known as the “big bazooka” of the EU’s trade arsenal, would give the commission powers to go after US multinational companies, slapping extra taxes on the digital revenues of tech firms.

[–] Protoknuckles@lemmy.world 126 points 1 day ago (1 children)

PLEASE do. Maybe that will get enough companies pissed at him that they push him and his support out.

[–] FlashMobOfOne@lemmy.world 27 points 1 day ago

Agreed.

Our own government isn't doing anything to stop him. Let Europe do something to stand in his way.

[–] rc__buggy@sh.itjust.works 42 points 1 day ago* (last edited 1 day ago) (1 children)

And the very next line:

This is a major escalation the Irish Government wants to avoid.

Have they tried going back to before they were a crooked tax haven for unethical corporations? I knew as soon as they decided to be a tax shelter that they would become what I believe the Br*tish call, "A cunt in the machinery."

[–] paranoia@feddit.dk 2 points 8 hours ago* (last edited 8 hours ago)

Have they tried going back to before they were a crooked tax haven for unethical corporations?

1209 North Orange Street in Wilmington alone evades more tax than Ireland.

It's lovely to throw stones, but you're in the most delicate glasshouse of them all.

[–] SharkAttak@kbin.melroy.org 46 points 1 day ago

A literal bazooka would work too: KABOOM and no more orange idiot rambling about things he doesn't understand.

[–] someguy3@lemmy.world 12 points 1 day ago* (last edited 1 day ago) (3 children)

Then the tech firms raise prices in the EU. That's what happened to Canada and Canada backed down. The only difference is the EU may want to encourage their own tech companies to grow.

[–] Taldan@lemmy.world 1 points 8 hours ago

If there's one thing we've learned from tariffs, companies are surprisingly willing to eat extra costs in the short-term, and tariffs taxes are taken much closer to the end consumer

[–] MuskyMelon@lemmy.world 14 points 21 hours ago (1 children)

If the EU gives more incentives to their companies, US tech firms will come back begging like little bitches to claim EU domicile.

[–] elucubra@sopuli.xyz 10 points 19 hours ago (1 children)

What people don't seem to realize is that the US effectively subsidizes the digital sector by means of minimal taxation. The EU should tax the fuck out of US tech companies, and incentive European alternatives and especially FOSS.

Oh,and Ireland (country that I love, btw), get rid of the parasitic sector, wich may bring in money, but also fucks up your country. See housing, for example.

[–] insaneinthemembrane@lemmy.world 2 points 19 hours ago

And data centers.

[–] garbagebagel@lemmy.world 2 points 19 hours ago

Do the leaders in the EU also have stock in all the big tech companies like Carney does?