President Donald Trump is threatening a 100% tariff on imports from any country that imposes a tax on digital services provided by United States companies
It helps push the tax burden further down the wealth hierarchy in combination with tax cuts. It also raises the price of goods, temporarily boosting profit margins. It’s actually a really effective way to suck capital out of the population, and it will benefit hundreds if not thousands of Americans.
It helps push the tax burden further down the wealth hierarchy in combination with tax cuts. It also raises the price of goods, temporarily boosting profit margins. It’s actually a really effective way to suck capital out of the population, and it will benefit hundreds if not thousands of Americans.