News EU finance ministers call for new tax on tech companies

Of course it will be the end user who ends up paying this tax via increased prices.

 

Good bye any attempt to get a decent GPU for your money - between the mining demand, RAM price hike, lack of competition and this, we'll be paying £300+ for a GTX 1050 soon...

 

Greetings!

Makes no sense that a mid-class worker or a local store pays more percent-wise in taxes than one of those mostly-software+services companies.

 

I'd much rather the end user pays more via increased prices than everyone having to pay more taxes in order to make up the shortfall, if i don't use <insert company name here> products then it's not exactly fair to take more money from me just so they can offer a cheaper product.

 

As a stopgap to fixing taxation systems to close the existing loopholes it's not a bad idea, but it'd need one hell of a sunset clause to prevent it getting stuck as a business-as-usual tax.