Noone is restricting trade, they are simply saying that the fact that you are "far away" doesn't give you the right to dodge taxes that local companies have to pay. If anything it levels the playing field.
It is the government that is threatening force (fines, jailtime) if the company/people do not hand over a portion of their hard earned cash.
These same thieves/politicians are the ones that wrote the laws and made these exceptions.
The companies are under an obligation to their families, employees, suppliers, shareholders, and the community at large to maximize value.
Or so you think that a government committee could build a cheaper, better, nicer iPhone?
Do you think a group of bureaucrats would make a cheaper, better, more efficient Tesla Vehicle?
We laugh at this, because we know the government is a bunch of people that on the whole have never employed people and created value from launching their own businesses. They do not know how to maximize wealth creation.
Why do we think that the government raking in Billions more is going to be put to create better, faster, cheaper and more efficient goods ands and services than a company like Tesla, Apple or Amazon?
Here's what's going to happen:
Billions will be raked in. And billions will be spent on duds. Look at Canada spending 1B on a scheduling app that got scrapped because government workers didn't give a shit.
Look at US gov spending on the billion dollar website.
The money will go to the pockets of more lobbyists, politicians, and will flow back to the companies.... and less quality service will be delivered , and at a higher price.
These companies employ so many people (who pay income tax from said revenues) and all kinds if intermediate taxes are paid in acquisition, and distribution of raw materials to final product to the door of the customer.
Quite literally a $700 iPhone would cost less than $200 had the government not levied/taken profits at each step from:
Land development, ore mining, glass and silicon manufacturing, assembly, distribution, packaging, shipping.
And then they want to stifle growth further and take a 3% cut of gross revenues?
I'm all for their cut during trade and VAT (20%!) But taking your hard earned profits to spend in wasteful ways while lining the surveillance communist state's pockets via broken and inefficient products is disgusting.
This will not end well. The EU is well on it's path to full blown centrally planned totalitarianism and communist level controls. You will see.
