The EU’s usurious digital tax on international tech companies that they had proposed has met with sufficient resistance from low-tax member nations—Ireland and several northern European nations—that France and Germany, the drivers of the proposal, have offered a modified version. This new effort would
limit the tax to a 3% levy on online advertising revenues rather than all online revenues
effectively exempt Amazon, AirBnB, and Spotify—a sop to non-EU administrations, especially Trump
run until 2025
The beef underlying this drive to tax techs centers on tech firms paying less tax than putatively traditional firms on their EU earnings.
This is how the citizens of Missouri are seeing their tax money being used, this time by the University of Missouri. You remember the U of M, the place where a professor demanded students attack a student reporter because he was covering a student protest. The place where little discipline was applied to the students who answered the professor’s call. The place where the president and chancellor were forced to resign because they weren’t coddling the snowflakes enough.
The Wall Street Journal posited this in a Wednesday op-ed.
1. Provide a path to catastrophic health insurance for all Americans.
The WSJ then supports this with old saws: being covered generally leads to better medical results, health insurance is good for the wallet, and so on. Then they want a government solution—while they carefully avoid saying how they would pay for it:
The ObamaCare replacement should make it possible for all people to get health insurance that provides coverage for basic prevention, like vaccines, and expensive medical care that exceeds, perhaps, $5,000 for individuals.