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EU to make more money from fining US tech companies than taxing its own

https://twitter.com/levelsio/status/2080314960656159018
8•JumpCrisscross•47m ago

Comments

mytailorisrich•32m ago
Which taxes go directly to the EU rather than member states?
eqvinox•8m ago
AIUI the fines all go directly to the EU.

As for the taxes — nothing goes directly to the EU, cf. root level post.

ZeroGravitas•12m ago
Maybe their own companies would make more money and pay more tax if America companies would stop breaking the law all the time.
eqvinox•6m ago
This post makes no sense, the EU doesn't have any rights of interior taxation, the member states haven't devolved that. It only does trade agreements and sets (not: collects!) import/export taxes. The only thing this could be is somehow summing/estimating from member states' numbers?

Very unclear to me what is going on here. I'm treating it as bogus for the time being. Can somebody else make sense of it?

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