This post makes no sense, the EU doesn't have any rights of interior taxation, the member states haven't devolved that. It only does trade agreements and sets (not: collects!) import/export taxes. The only thing this could be is somehow summing/estimating from member states' numbers?
Very unclear to me what is going on here. I'm treating it as bogus for the time being. Can somebody else make sense of it?
rob74β’about 1 hour ago
To me it's very clear what's going on:
- gather some unrelated data, bend it to what you want it to say
- make an inflammatory post
- go viral and profit!
ZeroGravitasβ’about 1 hour ago
Maybe their own companies would make more money and pay more tax if American companies would stop breaking the law all the time.
throwawayffffasβ’about 1 hour ago
Fines are taxes one pays to not follow the rules, and these companies operate in the EU.
benoauβ’about 1 hour ago
Tweet says the EU has fined big tech β¬3.8 billion... but a cursory AI-powered search suggests the US has fined them much more:
Discussion (0 Comments)Read Original on HackerNews
Very unclear to me what is going on here. I'm treating it as bogus for the time being. Can somebody else make sense of it?
- gather some unrelated data, bend it to what you want it to say
- make an inflammatory post
- go viral and profit!
- $5b fine for Meta https://www.ftc.gov/news-events/news/press-releases/2019/07/...
- $1b fine + $2.5b settlement for Amazon https://www.ftc.gov/news-events/news/press-releases/2025/09/...
- $170m + $136m + $34m for Google for invading children's privacy https://www.ftc.gov/news-events/news/press-releases/2019/09/...
- $425m for Google for tracking after tracking was explicitly disabled https://www.bbc.com/news/articles/c3dr91z0g4zo
As for the taxes β nothing goes directly to the EU, cf. root level post.