In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.
Isn’t this just a tax? Probably a badly designed one, and I’m sure it breaks the Constitution, but otherwise what’s the big deal?
It sounds more like racketeering. The export of the AI chips to China was banned as a security measure. Pay the 15% and the security issue disappears.
Taxes are bad cause they pay for public infrastructure, schools, and all kinds of public goods. That’s gross disgusting communism.
This is extortion protection money that all goes into Trump’s pockets. This is glorious amazing capitalism with a Christ seal of approval, so its good.
(Ya, I don’t get it either. Sounds like a tax to me too)
WTAF?
This was an option?
