I believe it’s more than time we start forcing multinational corporations to pay taxes based on where they made their revenue and not based on where their headquarter is established.
Pay up, billionaires.
Disney will just cry and whine about how their streaming service isn’t making enough money.
And that’s their problem. Not ours.
Their failure to develop a business strategy shouldn’t mean that the rest of the world should pay for it. Netflix made money back when they were the de facto streaming service, maybe the old model of vertically integrated production & distribution doesn’t work any more, and maybe, just maybe, they should try catering to consumers who just want a one-stop shop , instead of trying to muscle in on every segment of the supply chain?
As a society, we should never have let content producers and content distributors merge. And while we can’t do anything about Disney in Canada, we could, eg, force Bell to turn back time and split into it’s network and production businesses. Same for Rogers. Same for Shaw and so forth.
Raise it more instead. Fuck em.
Unsurprising. Anyone taking bets on how far this will go? :D
Does that work? Can I just ask the government to tax me less, or does it require a campaign contribution?