Monday, January 21, 2013

With socialism failing in France, they look to internet tax to balance their load

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The French were not able to maintain their 75% tax on the super rich, so now they’re aiming for the super, super, super rich by going after companies like Google, Facebook, and Amazon. Their latest scheme: an Internet tax that will affect those collecting personal data from French citizens. This concept emerged late last week in a report commissioned by President François Hollande that details the unfair ways that large American internet-based companies are able to circumvent the French tax system and still remain relevant to its citizens.

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