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polshaw | 1 month ago

US would lose out significantly if this were applied by everyone worldwide. The whole of Europe + Anglosphere have surrendered their whole tech related sectors to US companies, an enormous wealth transfer.

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FuriouslyAdrift|1 month ago

Most US tech related companies are actually headquartered in Ireland (for tax purposes)

magicalist|1 month ago

> Most US tech related companies are actually headquartered in Ireland (for tax purposes)

Regional headquarters. That helps with their taxes in Europe. It wouldn't work to avoid taxes on money made in the US.