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Guess who doesn't have to pay $1.3bn in back taxes? Of course it's fscking Google

Anonymous Coward
Anonymous Coward

The politicians of the member nations couldn't quite bring themselves to cede all sovereignty to the EU. If you give up control of taxation you stop being an independent state. Doing so reduces the job of national prime minister to something more like a local councillor; your budget is fixed by someone else (some functionaries in Brussels).

It would be like turkeys voting for Christmas.

It would be very risky too; would Germany have let Ireland have enough cash to run itself and improve itself in the way they have done? Ireland has used EU very effectively over the past decades, and it's not certain that this would have happened had all political power been ceded to a United States of Europe (aka the German Empire).

So I don't think anything is going to happen soon. This invites political disaster. Countries cannot afford to have many hundreds of billions taken out of circulation in their economies. And it's not re-entering circulation anywhere, which is even worse.

Free Trade

This particular case is interesting. The court decided that the profit wasn't earned in France because the transaction wasn't in France. That means the revenue stream isn't in France either. Essentially there is nothing whatsoever about it that the French can tax. So unless it is physically paid for person to person in France, companies can off shore their entire revenue stream. That's not good for France.

It does beg the question as to whether a totally open no limits free trade zone is really a good idea.

I wonder how long it'll take Macron to become less keen on the EU? After all its structure is making his job harder.

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