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Old 12-21-2017, 11:33 AM
 
Location: Kansas City, MISSOURI
20,794 posts, read 9,440,104 times
Reputation: 15523

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Quote:
Originally Posted by tamajane View Post
US tax reform breaks global rules, EU says | Business | DW | 19.12.2017

Maybe read it from the source - Germany.

They hate that they don't get special advantages anymore.

Trump did what he said he would do by leveling the field whereas foreign corporations have been allowed to walk all over us.
Did you even read the article? There are as many bad things for the US in there as there are good ones. For example:

"Excise tax - "Bearing in mind that almost half of transatlantic trade is intra-company trade, this risks seriously hampering genuine trade and investment flows between our two economies," they wrote."

Given how much trade the US and EU do together, that can hardly be a good thing.
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Old 12-21-2017, 11:33 AM
 
Location: Atlanta, Ga
2,490 posts, read 2,539,074 times
Reputation: 2057
Quote:
Originally Posted by ryanst530 View Post
Western Europe needs a dose a reality anyway, IMO. They have been mooching off of the US military umbrella for decades... spending the money they could be investing into building up their defensive programs, on their own domestic programs instead... while at the same time rubbing it in our faces that they have better healthcare and education than we do. It's not fair to US tax payers that WE should have to pay the majority of the bill required to to defend Europe while they get to enjoy their lavish healthcare, education, and welfare programs.

And as for the EU... well... we knew they were corrupt when they threatened to cut off or reduce trade with the UK if they followed through with Brexit.
We could have a fabulous health and education system and he’ll probably most advanced space program if we didn’t spend it on the rest of the world...

...just so that they could have those fantastic systems for themselves.
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Old 12-21-2017, 11:34 AM
 
52,433 posts, read 26,526,924 times
Reputation: 21097
Quote:
Originally Posted by Dbones View Post
See how selfish and one sided Europe really is? They aren't these virtuous enlightened people, they are greedy power hungry, my way or the highway bullies
Yep.

And they directly tried to influence the vote too.

The only ones who listened, apparently, were the Democrats.
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Old 12-21-2017, 11:34 AM
 
Location: The Woodlands, TX
1,718 posts, read 1,052,116 times
Reputation: 1147
Quote:
Originally Posted by tamajane View Post
US tax reform breaks global rules, EU says | Business | DW | 19.12.2017

Maybe read it from the source - Germany.

They hate that they don't get special advantages anymore.

Trump did what he said he would do by leveling the field whereas foreign corporations have been allowed to walk all over us.
Nice.

Response from libs here?

crickets
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Old 12-21-2017, 11:35 AM
 
Location: Kansas City, MISSOURI
20,794 posts, read 9,440,104 times
Reputation: 15523
Quote:
Originally Posted by Texas Minded View Post
Nice.

Response from libs here?

crickets
No crickets.
Quote:
Originally Posted by James Bond 007 View Post
Did you even read the article? There are as many bad things for the US in there as there are good ones. For example:

"Excise tax - "Bearing in mind that almost half of transatlantic trade is intra-company trade, this risks seriously hampering genuine trade and investment flows between our two economies," they wrote."

Given how much trade the US and EU do together, that can hardly be a good thing.
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Old 12-21-2017, 11:35 AM
 
Location: 500 miles from home
33,942 posts, read 22,466,189 times
Reputation: 25806
It's certainly NOT unfair to the European stockholder! They will be making out like bandits.
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Old 12-21-2017, 11:36 AM
 
9,727 posts, read 9,709,126 times
Reputation: 6407
Quote:
Originally Posted by Rufus Clay Banger View Post
The United States of America has been taken advantage of for decades. It's an open secret across the globe how easy it is to jerk us around. Under Donald Trump, that crap is coming to an end. I friggin love this President!
The Marshall Plan is over.
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Old 12-21-2017, 11:38 AM
 
19,492 posts, read 12,126,903 times
Reputation: 26266
Quote:
Originally Posted by James Bond 007 View Post
Did you even read the article? There are as many bad things for the US in there as there are good ones. For example:

"Excise tax - "Bearing in mind that almost half of transatlantic trade is intra-company trade, this risks seriously hampering genuine trade and investment flows between our two economies," they wrote."

Given how much trade the US and EU do together, that can hardly be a good thing.
We will just have to see.
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Old 12-21-2017, 11:42 AM
 
Location: Great Britain
27,044 posts, read 13,303,145 times
Reputation: 19282
Quote:
Originally Posted by greywar View Post
Not quite, they have a legitimate complaint about us treating their goods differently then is agreed within the WTO. I wonder if us treating Puerto Rico differently as well may cause that argument to fail within the WTO.

And while everyone may be cheering this, I would also argue.....its a good start. But we have a ways to go. As another poster pointed out, we've provided the military to protect these folks for decades. We need to reduce our military, not increase it, and make it far more defensive. That money would be better invested in things like DARPA.


What is proposed is a 20 per cent "excise tax" on purchases by US companies from foreign subsidiaries which would not apply to similar domestic transactions.

The EU has stated “Given this measure would impact on genuine commercial arrangements, and would do so only where payments are being made for foreign goods and services, it could discriminate in a manner that would be at odds with international rules embodied in the WTO.

"Bearing in mind that almost half of transatlantic trade is intra-company trade, this risks seriously hampering genuine trade and investment flows between our two economies, which remain a central artery of the world economy."

The EU ad other countries will just hit back, with a 20% excise tax on purchases by EU or other companies using US subsidaries, it's as simple as that and this will destroy jobs and trade in the US rather than create jobs and trade.
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Old 12-21-2017, 11:46 AM
 
52,433 posts, read 26,526,924 times
Reputation: 21097
Quote:
Originally Posted by Brave New World View Post

The EU ad other countries will just hit back, with a 20% excise tax on purchases by EU or other companies using US subsidaries, it's as simple as that and this will destroy jobs and trade in the US rather than create jobs and trade.
Americans, don't buy much stuff made in the EU.
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