congrats on computers and electronics having their prices raised by 15%
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Submitted 1 month ago by vegeta@lemmy.world to technology@lemmy.world
Comments
cupcakezealot@piefed.blahaj.zone 1 month ago
fluxion@lemmy.world 1 month ago
US government found quite the loophole for raising taxes on average Americans without any involvement of congress whatsoever while at the same time extorting US companies.
FenrirIII@lemmy.world 1 month ago
I think you mean 20%. Math costs more.
cyrano@lemmy.dbzer0.com 1 month ago
Suddenly the chip exports are no longer a national security risk now that protection money has been paid.
vvvv@lemmy.ml 1 month ago
No Intel? Is this the reason why Trump said Intel’s president should resign?
FauxLiving@lemmy.world 1 month ago
Donald Trump has finally discovered taxes
IcyToes@sh.itjust.works 1 month ago
He probably knows. Redistributing wealth from working people to the rich via tax breaks and handouts.
Standard capitalism.
Passerby6497@lemmy.world 1 month 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.