-15 karma · joined February 19, 2015
You have a complete misunderstanding of "thriving". Thriving is Google/Amazon in the past 20 years. IDK what thriving businesses you're talking about.
You can't go back to the Gilded Age, dude, that's crazy. We have to keep things relevant.
You see, when we relieve companies of the unbelievable burden of taxes, what do we get in return: these companies produce tremendously more value for society (via better products and services) which then generate more revenue over the long-haul via taxes for us. It doesn't make sense to tax companies! They are unselfish entities designed to serve society, why would we tax them?????? It's f****** crazy.
Of course, now those tax loops have been filled, and other companies can't build products to competitive with Amazon/Google. But is that Amazon's fault? NO. It's the shitty legislators. You can't punish Amazon for that - insane.
Amazon/Google were able LEGALLY get around paying taxes, that is not illegal, and it's definitely not immoral. Punishing them for that is crazy.
Migrants from Africa and south of the US border are like weight we carry on our back. More and more weight, the slower and slower we are.
A side, the FDP party is the best party in Germany.
And soon what's coming is even worse: digital markets act. Which allows the EU to fine companies up to 10% of their yearly revenue.
That's just the obvious stuff that I can write about. I live here and have experienced it personally how Germany treats businesses.
Competition doesn't succeed because of taxes. Tearing down Amazon or Google due to reasons of monopoly (and therefore little competition) is like tearing down a newly built building because there was a bad paint job on one of the walls! It doesn't make sense. If there are no other buildings standing, it's because lawmakers don't create an environment where others can succeed (because of taxes and bureaucracy).
We look at Amazon (for example), and say hey, they're really successful, and they're sort of alone, they must have cheated by using monopolistic control measurements, and then we search to find out how. But all alone we miss the real problems: it's the taxes and bureaucracy that don't let others succeed.
It's (the EU's) authoritative to companies by suppressing them with penalties and bueacratic laws, but allows itself (the governments and states) unending tolerance in whatever it does.
One case doesn't mirror the entirety of all of them. Also, that Meta case I'm pretty sure was about something else completely that is questionable in its own right if it should be enforced!
We need to get back to paper and pencil and the value of social skills. Or use a Chromebook in a sandbox if you must use tech.
2) 2.6% of revenue for a company that isn't even profitable.
3) 2.6% of revenue for a global company, how much of this then is only EU revenue?? Are they supposed to get their legs cut off just for breaking one law of the 5 million that they're suppose to comply with?
4) This was a first offense for this company.
5) They're not doing anything harmful with the data. It's a social media platform. We need to relax. The burden should be on the parents.
We need to relax all laws. Our laws are unbelievable cruel. Business are expected to follow so so so many bureaucratic laws. To fine them 2.6% every time they break one is insane. Imagine how many countries there are out there, how many business laws there are, how much they have to comply with.
A lot of these companies already operate on extremely thin margins. This can destroy companies. It doesn't make sense.
This company changed it and stopped it, and they still imposed a 2.5% revenue fine for a first offense!!