this post was submitted on 24 Feb 2025
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Trump threatens tariffs on any nation that taxes Big Tech (go.theregister.com)
submitted 1 month ago by misk@sopuli.xyz to c/technology@lemmy.world
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[–] airbreather@lemmy.world 8 points 1 month ago (2 children)

From the article:

Trump’s opposition to DSTs is not new: the Biden administration felt they disproportionately targeted US businesses and threatened 25 percent tariffs if they were not removed.

[–] Kecessa@sh.itjust.works 5 points 1 month ago

"disproportionately targeted US businesses"

You want to have a monopoly, well guess what...

[–] sugar_in_your_tea@sh.itjust.works 2 points 1 month ago

And I kind of agree. My understanding is that DSTs are taxes on gross revenues, not profits, and are therefore problematic. It should be net of expenses and apply only to activity in that region.