The EU has lost it completely
Taxing on revenue?
A new proposition has been made in the European Parliament to tax multi national companies. The European Union is a money gobbling institution and to add to their budget some parliament members had a magnificent idea, they thought!
“How about taxing big companies in the European Union above 100 million EUR revenue percentage wise on their revenue!” Regardless if they are profitable or not? Complete insanity, and it goes in against every economic law.
If you check out all technology companies in the world and compare their origin with eachother, you see that the volume financially in the EU is extremely low compared with the US and China. And they want to tax them even more… 🙄
The EU is self destructive!
Sincerely,
Pele23
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