Re:Tech giants face 2% UK digital services tax
by ben_w on Monday October 29, 2018 @04:21PM
(#18330993)
“Why weren’t you already charging more, if you could?” Would be my obvious first question at that point, if I was a shareholder.
[ Parent
| on HN ]
Re:Tech giants face 2% UK digital services tax
by darawk on Monday October 29, 2018 @07:43PM
(#18332702)
Because the competitive equilibrium doesn't allow it unless the cost curve shifts for everyone at the same time.
Re:Tech giants face 2% UK digital services tax
by ben_w on Tuesday October 30, 2018 @03:35AM
(#18334523)
They are not shifting for everybody at the same time, they are shifting only for “tech companies”, who are currently perceived (rightly or wrongly) as undercutting “normal businesses” in an unfair way. (Scare quotes because in practice I don’t trust the UK government know what they mean by the words).