If Pillar 1 falls through, then all bets are off, and the European powers go ahead with their imposition of digital taxes on the large US tech giants.

https://www.wsws.org/en/articles/2021/07/12/gmee-j12.html

The two parts of the deal are interconnected.

If Pillar 1 falls through, then all bets are off, and the European powers go ahead with their imposition of digital taxes on the large US tech giants.

If this were to take place, it would mean a return to the kind of confrontation that occurred during the Trump administration, which the tax agreement is aimed at avoiding.

#pillar2 “digital taxes” #tech #unido

European powers impose digital taxes on the large US tech giants? [Is that a bad thing?]
[When both Left & Right get quiet on something, I start to worry.]