Re:Europe is now a corporate also-ran. Can it recover its fo...
by coldtea on Saturday June 12, 2021 @04:28AM
(#27482734)
And what exactly does the average citizen of the US gets out of this, given the above?
Not even the tax money of those "top tech companies". Heck, some of those come to us (e.g. Ireland).
As for their products, we can buy them just fine as well.
Re:Europe is now a corporate also-ran. Can it recover its fo...
by joelbluminator on Saturday June 12, 2021 @05:23AM
(#27483023)
This. Facebook, Google et al are American but will do everything they can to lock profits in low tax regions outside the U.S and they're also hiring more and more outside the U.S
If Facebook stopped being American tomorrow I'm not sure the effect will be noticeable.
Well it has produced the top tech companies and (most of the) top research universities in the world. So pretty well.