This is unequivocally false. A 3% increase could make their costs higher than re... | Hacker News

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		AimForTheBushes on July 11, 2019 \| parent \| context \| favorite \| on: France has approved a digital services tax despite... This is unequivocally false. A 3% increase could make their costs higher than revenue. They would increase their prices or go out of business.

toyg on July 11, 2019 [–]

> A 3% increase could make their costs higher than revenue.

This might be true for many businesses but likely not the large digital ones, which enjoy ungodly margins (hence why they grow so much and so quickly). A unicorn's back is strong enough to carry quite a few saddles.

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