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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. " I suppose Trump could tell Musk and Zuckerberg to only peddle their wares only in the states. That way only the states get their taxes. Now whether they would like that idea is another thing. | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. " Trump, a billionaire, who pays less Tax than an Alabama field hand on food stamps, lives in his narcissistic bubble and views any attempt at rebalancing society or taking what is his with naked aggression. If the massive US tech firms did not avoid tax like they do then DST would not be required. | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. " It shifting subject after subject with Trump… but actually I don’t have an issue with DST, especially the way that us tech companies use shell subsidiaries to pay less tax | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. I suppose Trump could tell Musk and Zuckerberg to only peddle their wares only in the states. That way only the states get their taxes. Now whether they would like that idea is another thing." Flipping the same argument, Canadian and UK governments could tell their businesses to peddle their wares only in their countries if they don't want tariffs. | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. It shifting subject after subject with Trump… but actually I don’t have an issue with DST, especially the way that us tech companies use shell subsidiaries to pay less tax " When Trump looks at the balance sheet, he doesn’t like the deficit hence the pushback over DST. I’d like our government to focus on fiscal discipline that drives growth, rather than constantly looking for new ways to tax us. | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. It shifting subject after subject with Trump… but actually I don’t have an issue with DST, especially the way that us tech companies use shell subsidiaries to pay less tax When Trump looks at the balance sheet, he doesn’t like the deficit hence the pushback over DST. I’d like our government to focus on fiscal discipline that drives growth, rather than constantly looking for new ways to tax us." The idea that simply cutting taxes, cutting lose the needy in society to fend for themselves, abandoning people overseas in desparate need and undefunding public services will lead to growth is patently false. When the rich are given even more money they invest where they see the best return. For too long now they see that outside the UK. We need investment into the UK not out. | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. It shifting subject after subject with Trump… but actually I don’t have an issue with DST, especially the way that us tech companies use shell subsidiaries to pay less tax When Trump looks at the balance sheet, he doesn’t like the deficit hence the pushback over DST. I’d like our government to focus on fiscal discipline that drives growth, rather than constantly looking for new ways to tax us. The idea that simply cutting taxes, cutting lose the needy in society to fend for themselves, abandoning people overseas in desparate need and undefunding public services will lead to growth is patently false. When the rich are given even more money they invest where they see the best return. For too long now they see that outside the UK. We need investment into the UK not out. " Wont happen under this government, they have done their best to stifle business and attack those who can create opportunities, so much so they had to back track. | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. It shifting subject after subject with Trump… but actually I don’t have an issue with DST, especially the way that us tech companies use shell subsidiaries to pay less tax When Trump looks at the balance sheet, he doesn’t like the deficit hence the pushback over DST. I’d like our government to focus on fiscal discipline that drives growth, rather than constantly looking for new ways to tax us. The idea that simply cutting taxes, cutting lose the needy in society to fend for themselves, abandoning people overseas in desparate need and undefunding public services will lead to growth is patently false. When the rich are given even more money they invest where they see the best return. For too long now they see that outside the UK. We need investment into the UK not out. " Why would anyone invest in the UK? | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. " Actually coming back to this post is that Trump has said that countries that impose a VAT on sales , the VAT would also be considered to be a tariff on US products | |||
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"Apparently the US government pre Trump already operates a list of tariffs on imported goods that is 13,000 product types long. Anyone would think that Trump is the first person to introduce any tariffs." Not quite the angle but let’s run with it since you were “cooking” That 13,000 product book … it’s the WTO book of tariffs… here is a secret.. everyone works from the same book However trump WOULD probably be the first person to rip up an agreement he actually negotiated (USMCA) because he ripped up the agreement before that (NAFTA) That not really “good faith” is it… | |||
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"One reason springs to mind.... DST is a direct tax on US tech giants, and Trump sees it as a hostile move against America. The fact that Canada has backdated DST makes it even worse for Musk and Zuckerberg.. I think the US has warned the UK over this tax too, £526 million was raised in 2022 -2023. Trump does not like the rest of the world taking money off US tech. America first. Actually coming back to this post is that Trump has said that countries that impose a VAT on sales , the VAT would also be considered to be a tariff on US products " Does not the USA impose a for of VAT on sales in the form of individual State sales tax. Which could also be considered a tariff on non American products. | |||
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