Starmer is warned against ‘appeasing’ Trump with tax cut for US tech firms (www.theguardian.com)
from HellsBelle@sh.itjust.works to world@lemmy.world on 24 Mar 01:09
https://sh.itjust.works/post/34938214

Keir Starmer has been warned against “appeasing” Donald Trump as he considers reducing a major tax for US tech companies while cutting disability benefits and public sector jobs.

His chancellor, Rachel Reeves, confirmed on Sunday that there were “ongoing” discussions about the UK’s £1bn-a-year digital services tax that affects companies including Meta and Amazon.

#world

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Grimtuck@lemmy.world on 24 Mar 02:55 next collapse

UK here. We should be taxing these bastard’s more not less. Much more.

then_three_more@lemmy.world on 24 Mar 05:05 collapse

I agree. He’s going to hit us with tarrifs anyway, so we might as well.

The digital sales tax as it is brings in next to nothing and is set at just 2%. Do what the lib Dems have suggested and triple it. Then in my opinion when we do get hit by tarrifs triple it again from 6% to 18% as part of our retaliation package.

Madbrad200@sh.itjust.works on 24 Mar 05:11 next collapse

On the surface I’m against this but I guess it depends on what we get out of it. Ultimately, leaving the EU puts us in an awkward spot. We have to pick and choose our battles.

Aceticon@lemmy.dbzer0.com on 24 Mar 16:23 collapse

“Reducing a major tax for US tech companies while cutting disability benefits and public sector jobs” sound a lot more like ultra-submissive boot-liking or just plain selling off to foreign fatcast that anything anywhere as mild as “appeasing”.

By European political standards, New Labour isn’t Left, isn’t Center-Left, it even isn’t Center-Right: it’s Hard-Right, specifically Neoliberal Hard-Right.