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  3. Canadians upset Carney caved to Trump over digital services tax

Canadians upset Carney caved to Trump over digital services tax

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  • circav@lemmy.caC This user is from outside of this forum
    circav@lemmy.caC This user is from outside of this forum
    circav@lemmy.ca
    wrote last edited by
    #1

    Link Preview Image
    Canadians upset Carney caved to Trump over digital services tax

    Less than 48 hours before Canada Day and in the face of annexation threats from the White House, the federal government dropped a bombshell.

    favicon

    CityNews Vancouver (vancouver.citynews.ca)

    Duh. No one elected them to go elbows down. Gonna be a short lived minority.

    IninewCrowI oderus@lemmy.worldO B S M 20 Replies Last reply
    448
    • circav@lemmy.caC circav@lemmy.ca

      Link Preview Image
      Canadians upset Carney caved to Trump over digital services tax

      Less than 48 hours before Canada Day and in the face of annexation threats from the White House, the federal government dropped a bombshell.

      favicon

      CityNews Vancouver (vancouver.citynews.ca)

      Duh. No one elected them to go elbows down. Gonna be a short lived minority.

      IninewCrowI This user is from outside of this forum
      IninewCrowI This user is from outside of this forum
      IninewCrow
      wrote last edited by
      #2

      Canadians are great hockey players … but no matter how good they are, they’ll still cave in if they are offered a million dollar contract and throw the game

      C 1 Reply Last reply
      3
      • IninewCrowI IninewCrow

        Canadians are great hockey players … but no matter how good they are, they’ll still cave in if they are offered a million dollar contract and throw the game

        C This user is from outside of this forum
        C This user is from outside of this forum
        coolbeanschilly@lemmy.ca
        wrote last edited by
        #3

        Books are where it’s at!

        1 Reply Last reply
        1
        • circav@lemmy.caC circav@lemmy.ca

          Link Preview Image
          Canadians upset Carney caved to Trump over digital services tax

          Less than 48 hours before Canada Day and in the face of annexation threats from the White House, the federal government dropped a bombshell.

          favicon

          CityNews Vancouver (vancouver.citynews.ca)

          Duh. No one elected them to go elbows down. Gonna be a short lived minority.

          oderus@lemmy.worldO This user is from outside of this forum
          oderus@lemmy.worldO This user is from outside of this forum
          oderus@lemmy.world
          wrote last edited by
          #4

          I always thought he DST was stupid so to me this is nothing more than placating Trump.

          K circav@lemmy.caC 2 Replies Last reply
          6
          • circav@lemmy.caC circav@lemmy.ca

            Link Preview Image
            Canadians upset Carney caved to Trump over digital services tax

            Less than 48 hours before Canada Day and in the face of annexation threats from the White House, the federal government dropped a bombshell.

            favicon

            CityNews Vancouver (vancouver.citynews.ca)

            Duh. No one elected them to go elbows down. Gonna be a short lived minority.

            B This user is from outside of this forum
            B This user is from outside of this forum
            but_my_mom_says_im_cool@lemmy.world
            wrote last edited by
            #5

            Already sent an email to my MP, at least it’s something.

            circav@lemmy.caC R W J P 5 Replies Last reply
            58
            • oderus@lemmy.worldO oderus@lemmy.world

              I always thought he DST was stupid so to me this is nothing more than placating Trump.

              K This user is from outside of this forum
              K This user is from outside of this forum
              karlhungus@lemmy.ca
              wrote last edited by
              #6

              Why is dst stupid?

              S oderus@lemmy.worldO 2 Replies Last reply
              6
              • K karlhungus@lemmy.ca

                Why is dst stupid?

                S This user is from outside of this forum
                S This user is from outside of this forum
                sbv@sh.itjust.works
                wrote last edited by
                #7

                Canada’s implementation is different from other countries’:

                • It’s retroactive to 2022 - so the corps in question would have to drop a big payout in the first year.
                • It’s slightly higher than the UK tax that the yanks didn’t call out. (3% vs. 2%)

                I don’t know if I would call it stupid, but that retroactive thing seems odd. I don’t know much about corporate tax law, so maybe that’s a thing? I dunno.

                L G K 3 Replies Last reply
                8
                • circav@lemmy.caC circav@lemmy.ca

                  Link Preview Image
                  Canadians upset Carney caved to Trump over digital services tax

                  Less than 48 hours before Canada Day and in the face of annexation threats from the White House, the federal government dropped a bombshell.

                  favicon

                  CityNews Vancouver (vancouver.citynews.ca)

                  Duh. No one elected them to go elbows down. Gonna be a short lived minority.

                  S This user is from outside of this forum
                  S This user is from outside of this forum
                  sbv@sh.itjust.works
                  wrote last edited by
                  #8

                  This seems really premature. I dislike Carney’s policies for a bunch of reasons, but it’s premature to shit on him for this. We don’t know what the final trade agreement will be.

                  The last time Trump threw one of these tantrums, NAFTA morphed into USMCA without much of a hit to our economy (afaiu). If our government can repeat that success while we’re diversifying our economy away from the US then that’s a win.

                  H J D G 4 Replies Last reply
                  40
                  • oderus@lemmy.worldO oderus@lemmy.world

                    I always thought he DST was stupid so to me this is nothing more than placating Trump.

                    circav@lemmy.caC This user is from outside of this forum
                    circav@lemmy.caC This user is from outside of this forum
                    circav@lemmy.ca
                    wrote last edited by
                    #9

                    It’s dumb to implement IF we are in fact going in with Europe and the OECD on a digital sales tax. But it doesn’t seem imminent at the moment so I don’t have high hopes.

                    Link Preview Image
                    The OECD and Digital Services Taxes

                    As the digital economy transforms business operations, the OECD’s inclusive framework will change the global implementation of DSTs.

                    favicon

                    Bloomberg Tax (pro.bloombergtax.com)

                    Otherwise it’s capitulating to fash.

                    1 Reply Last reply
                    4
                    • B but_my_mom_says_im_cool@lemmy.world

                      Already sent an email to my MP, at least it’s something.

                      circav@lemmy.caC This user is from outside of this forum
                      circav@lemmy.caC This user is from outside of this forum
                      circav@lemmy.ca
                      wrote last edited by
                      #10

                      Me too - people are pissed. We do not capitulate to fash. Poland and Austria did and Germany still invaded them.

                      I’m curious to hear Charlie Angus’s response to this capitulation.

                      J 1 Reply Last reply
                      39
                      • S sbv@sh.itjust.works

                        Canada’s implementation is different from other countries’:

                        • It’s retroactive to 2022 - so the corps in question would have to drop a big payout in the first year.
                        • It’s slightly higher than the UK tax that the yanks didn’t call out. (3% vs. 2%)

                        I don’t know if I would call it stupid, but that retroactive thing seems odd. I don’t know much about corporate tax law, so maybe that’s a thing? I dunno.

                        L This user is from outside of this forum
                        L This user is from outside of this forum
                        leastaction@lemmy.ca
                        wrote last edited by
                        #11

                        The idea was to give the Americans time to negotiate something before the tax came into effect. If they didn’t do it in 3 years, I don’t know why Carney thinks giving in will lead to any benefit for Canada.

                        1 Reply Last reply
                        10
                        • S sbv@sh.itjust.works

                          Canada’s implementation is different from other countries’:

                          • It’s retroactive to 2022 - so the corps in question would have to drop a big payout in the first year.
                          • It’s slightly higher than the UK tax that the yanks didn’t call out. (3% vs. 2%)

                          I don’t know if I would call it stupid, but that retroactive thing seems odd. I don’t know much about corporate tax law, so maybe that’s a thing? I dunno.

                          G This user is from outside of this forum
                          G This user is from outside of this forum
                          gaiussabinus@lemmy.world
                          wrote last edited by
                          #12

                          They were told about the implementation and the date active. They have chosen not to pay. The total to current date is due. Its like me not doing my taxes for seven years and receiving the letter from the cra that I had better bring my taxes to current year or face fines. Same deal for businesses.

                          1 Reply Last reply
                          6
                          • S sbv@sh.itjust.works

                            This seems really premature. I dislike Carney’s policies for a bunch of reasons, but it’s premature to shit on him for this. We don’t know what the final trade agreement will be.

                            The last time Trump threw one of these tantrums, NAFTA morphed into USMCA without much of a hit to our economy (afaiu). If our government can repeat that success while we’re diversifying our economy away from the US then that’s a win.

                            H This user is from outside of this forum
                            H This user is from outside of this forum
                            hexonxonx@lemmy.dbzer0.com
                            wrote last edited by
                            #13

                            You just said why it’s a stupid, stupid thing to do: Trump would have caved anyway. All Carney had to do is wait.

                            That he would cave so quickly shows how little he values Canadian interests over American profits.

                            circav@lemmy.caC 1 Reply Last reply
                            31
                            • H hexonxonx@lemmy.dbzer0.com

                              You just said why it’s a stupid, stupid thing to do: Trump would have caved anyway. All Carney had to do is wait.

                              That he would cave so quickly shows how little he values Canadian interests over American profits.

                              circav@lemmy.caC This user is from outside of this forum
                              circav@lemmy.caC This user is from outside of this forum
                              circav@lemmy.ca
                              wrote last edited by
                              #14

                              And to that I would just add - people are PISSED. People will literally self-deputize in a second if America rolls in with tanks or drones or whatever (they are already setting the stage for that with their relentless internal and external rhetoric about how “dangerous” Canada is with migrants and terrorists supposedly flooding in to their stupid country from the northern border). This is a very sketchy time. America can 🖕🖕🖕🇨🇦hates you

                              1 Reply Last reply
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                              • circav@lemmy.caC circav@lemmy.ca

                                Me too - people are pissed. We do not capitulate to fash. Poland and Austria did and Germany still invaded them.

                                I’m curious to hear Charlie Angus’s response to this capitulation.

                                J This user is from outside of this forum
                                J This user is from outside of this forum
                                jumi@lemmy.world
                                wrote last edited by
                                #15

                                Just a sidenote, Austria was as much victim as it was perpetrator under the nazi regime.

                                N 1 Reply Last reply
                                5
                                • circav@lemmy.caC circav@lemmy.ca

                                  Link Preview Image
                                  Canadians upset Carney caved to Trump over digital services tax

                                  Less than 48 hours before Canada Day and in the face of annexation threats from the White House, the federal government dropped a bombshell.

                                  favicon

                                  CityNews Vancouver (vancouver.citynews.ca)

                                  Duh. No one elected them to go elbows down. Gonna be a short lived minority.

                                  M This user is from outside of this forum
                                  M This user is from outside of this forum
                                  mybrainhurts@lemmy.ca
                                  wrote last edited by
                                  #16

                                  Out of curiousity, how many workers should lose their jobs to appease your sense of righteousness?

                                  A trade negotiation is not the same as bowing to fascism.

                                  L circav@lemmy.caC 2 Replies Last reply
                                  3
                                  • M mybrainhurts@lemmy.ca

                                    Out of curiousity, how many workers should lose their jobs to appease your sense of righteousness?

                                    A trade negotiation is not the same as bowing to fascism.

                                    L This user is from outside of this forum
                                    L This user is from outside of this forum
                                    landedgentry@lemmy.zip
                                    wrote last edited by
                                    #17

                                    If the reason for doing the wrong thing is “the jobs” then you need to rethink your reasoning.

                                    Trump can’t be trusted. Canada did negotiate a new deal first admin, only for Trump to come screaming again saying it was terrible and demanding a new one. It’s bad policy to concede to the US right now.

                                    M 1 Reply Last reply
                                    16
                                    • L landedgentry@lemmy.zip

                                      If the reason for doing the wrong thing is “the jobs” then you need to rethink your reasoning.

                                      Trump can’t be trusted. Canada did negotiate a new deal first admin, only for Trump to come screaming again saying it was terrible and demanding a new one. It’s bad policy to concede to the US right now.

                                      M This user is from outside of this forum
                                      M This user is from outside of this forum
                                      mybrainhurts@lemmy.ca
                                      wrote last edited by
                                      #18

                                      It’s a trade negotiation, it’s literally all about the jobs.

                                      I get that you aren’t affected but thousands are.

                                      By your logic, we should just not do anything with our largest trading partner and I dunno, just wait for almost half a decade until we like the administration?

                                      L 1 Reply Last reply
                                      2
                                      • M mybrainhurts@lemmy.ca

                                        It’s a trade negotiation, it’s literally all about the jobs.

                                        I get that you aren’t affected but thousands are.

                                        By your logic, we should just not do anything with our largest trading partner and I dunno, just wait for almost half a decade until we like the administration?

                                        L This user is from outside of this forum
                                        L This user is from outside of this forum
                                        landedgentry@lemmy.zip
                                        wrote last edited by landedgentry@lemmy.zip
                                        #19

                                        I get that you aren’t affected but thousands are.

                                        I don’t know where on earth you got the idea that this doesn’t impact me.

                                        M 1 Reply Last reply
                                        11
                                        • M mybrainhurts@lemmy.ca

                                          Out of curiousity, how many workers should lose their jobs to appease your sense of righteousness?

                                          A trade negotiation is not the same as bowing to fascism.

                                          circav@lemmy.caC This user is from outside of this forum
                                          circav@lemmy.caC This user is from outside of this forum
                                          circav@lemmy.ca
                                          wrote last edited by circav@lemmy.ca
                                          #20

                                          Uhhhh in case you didn’t notice - when Amazon in QC unionized, Amazon pulled out of Quebec. We don’t need US digital services, it’s one of the easiest things we can replace. Might be a headache for some workplaces to get off Microsoft, SharePoint, or azure but ultimately - it’s not that hard. IT can do it. We have server farms and digital services in Canada. It’s easy to replace as opposed to say, re-tooling a car factory.

                                          Do you really need Facebook, X, Apple, Netflix, Disney+ shitmaganda!? Or can you grab what you want from Crave or the high Cs. Our newspapers are largely already owned by US hedge fund billionaire massive global corporations - so taxing them at a minuscule rate is nothing to them. And they are free to fuck off doing business in our country if they don’t like the DST. This was a cowardly and weak capitulation on the part of Carney - unless we are infact joining the EU and OECD on a digital service tax as part of a bloc of countries (which could track).

                                          Link Preview Image
                                          The OECD and Digital Services Taxes

                                          As the digital economy transforms business operations, the OECD’s inclusive framework will change the global implementation of DSTs.

                                          favicon

                                          Bloomberg Tax (pro.bloombergtax.com)

                                          But right now, we don’t know - so am skeptical about what Carney just gave up.

                                          M 1 Reply Last reply
                                          22

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