Comment on Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

FauxLiving@lemmy.world ⁨17⁩ ⁨hours⁩ ago

• Passerby6497@lemmy.world ⁨9⁩ ⁨hours⁩ ago

  *regressive taxes. The rich don’t care about paying 15% more on a product when that amounts to a fraction of their proper legal liability.

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• IcyToes@sh.itjust.works ⁨15⁩ ⁨hours⁩ ago

  He probably knows. Redistributing wealth from working people to the rich via tax breaks and handouts.

  Standard capitalism.

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