And I only have one upvote 😒
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This would make Trump panic in the best way, it would directly undermine his aesthetic of Rich Asshole Who Other Rich Assholes Like.
This would be the largest W of the century, but I'm going to go ahead and manage my expectations
It's a super long read, but filled with nuggets that explain exactly how to hit the rich by taking away their money. The TL;DR is to repeal the country's anti-circumvention law then route the subscription money locally.
The Post-American Internet (permalink)
there's a third possible response to tariffs, one that's just sitting there, begging to be tried: what about repealing anticircumvention law?
It's hard to convey how much money is on the table here. Take just one example: Apple's App Store. Apple forces all app vendors into using its payment processor, and charges them a 30 percent commission on every euro spent inside of an app.. .. Apple makes $100 billion per year on it. If the EU repeals Article 6 of the Copyright Directive, some smart geeks in Finland could reverse-engineer Apple's bootloaders and make a hardware dongle that jailbreaks phones so that they can use alternative app stores, and sell the dongle – along with the infrastructure to operate an app store – to anyone in the world who wants to go into business competing with Apple for users and app vendors.
Those competitors could offer a 90% discount to every crafter on Etsy, every performer on Patreon, every online news outlet, every game dev, every media store. Offer them a 90% discount on payments, and still make $10b/year.
I'm a game dev and I'd love to see nothing more than Apple getting slapped down for what they've done to mobile gaming, but this won't work.
Setting aside how hard bootstrapping a two-sided marketplace is, those of us that currently depend on Apple store placement and goodwill can't risk pissing Apple off.
Don't hide behind fear of change. Just because you can't imagine a possible future without Apple doesn't mean no one can and that it can't be done.
In the case of Apple, you'd host your stuff on whatever app store is the most popular in any given country. It's sort of like F-Droid but for the normies.
What's really interesting is the thought of jailbreaking your own tractor, opening the possibility to local aftermarket parts. Again, this would take the money from John Deere and open up a local market.
I am consistently disappointed when I hear politicians' only recourse to anything is taxes. Remember how they were going to tax email to fix the spam problem?
In addition, kick out McDonalds, Burger King and Subway. Better for general health too.
I'm pretty sure Ireland is where all the major companies are "headquartered" and technically keep all their money there for tax reasons. Ireland could just freeze the bank accounts of Apple, Google, Microsoft, Meta, Intel, ... Or do something similar if they so choose as retaliation. Would be devastating financially afterwards, but would get the US's full attention
Yep.
If Europe announced a 100% tariff on Amazon, Facebook, Microsoft, and OpenAI, Trump would be gone in a week.
We already know how to do this, its literally the first thing we did when we sanctioned Russia for Ukraine. Target the business interests of the people actually making the decisions.
Make all the IP of those billionaires unprotected in the EU. Maybe also get China on-board.
Forget taxing them, the ones who committed crimes against humanity (Zuckerberg with enabling the Rohingya genocide, Musk for the disastrous disorderly shut down of USAID).
And get rid of all American oligarch gang activity; Apple, Google, Meta, all of them.
Europe has to get the ball rolling on a tech independence from US owned infrastructure (cloud). Then they can ban them.
You could enact or enforce laws that forbid a felon, or associates of a felon, entry to your country.
Who would want criminals, or associates of criminals entering your country?
You might name such an organisation Immigration Criminal Exclusion, or ICE for short
This was always the answer they were just too afraid of their own rich people until a land invasion seemed imminent.
No Tariffs. tariffs can be passed on to the poor, who have no part in this invasion. Start sanctioning the Billionaires & seize their assets instead.
Repealing anti circumvention law might be a good place to start.
Finally some fucking sense. Doing nothing and being mad has gotten no one anywhere. Hit them where it fucking hurts, bottom line be damned. Governments are not businesses.
I know some rich assholes here in the states... Put a 1000% tarrif on everyone visiting from the US. Nobody working class can afford it right now anyway.
This only affects the poor. It doesn't affect billionaires, the ones who can affect change.
It's cute you think the working class and working poor are clamoring for international trips.
I mean, do I think it would be effective? No. But to say this would affect the poor as if this would be some kind of major impact? Come on.
I'm a middle-class guy who grew up working-class. I like doing international travel. Slapping me upside the head will do nothing to Trump and his enablers.
Learn from what you've seen with Trump: kicking your allies is a fool's game. Focus on the real problem.
Looks at my bank account…. Nope, no money for a European trip anytime soon. I need a new roof more than a trip. Besides, by the time I have the money, it’s likely going to have little value. Yay to being the new Zimbabwe
I think you don't have the same definition of poor as I do in this context. Poor for me means not a billionaire oligarch.
According to lemmy, anyone with a retirement fund and able to go on even one vacation a year, is not working class.... anyone who owns their home, and basically has a net worth over $1M, is not working class....
This kind of mentality completely works against the class consciousness we need to be building...
Hell, we need to be getting people with $5M net worth on board with us (i'm just throwing arbitrary number out). The target shouldnt be the 1% anymore... it's the 0.1%
Yeah, there are a lot of people on Lemmy who have no idea about how much money it takes to have a modest but semi-secure life in the US. My net worth is probably a lot to those clueless wonders who carelessly throw numbers around. I'm utterly opposed to the fascists in power and want them not only removed, but to face justice, and for the system to be reformed to prevent them ever getting power again. And if that means no billionaires, fine. We need decent healtcare, we don't need money-hoarders distorting our political system for their personal gain.
The target shouldnt be the 1% anymore… it’s the 0.1%
Precisely. Or even the 0.01%. It's a long-tailed curve and that tail needs to be chopped off.
My net worth is probably a lot to those clueless wonders who carelessly throw numbers around. I’m utterly opposed to the fascists in power and want them not only removed, but to face justice, and for the system to be reformed to prevent them ever getting power again.
yep... a lot of lemmy thinks that if you have a stock portfolio, you're automatically some rich republican voter....
like i get it... a lot of people are struggling REALLY bad.... but we must not fracture ourselves based on different tiers of "working class"
a doctor making $500k, with $2M in assets and investments is ALSO working class.... fighting amongst ourselves is just crab-bucket mentality and exactly what the billionaire class wants us wasting energy on.
there is no war, but class war
Europe: sorry, best we can do is specific carveouts for US billionaire owned companies in our tax code....
The digital ID is a Larry Ellison project through oracle so it seems like the politicians really want to shove American facist billionaires into your government
you can do that by siezing thier properties and thier bank accounts(including thier investments).
The EU needs to divest its self of US technology. It’s clear we have gone down the drain and will no longer be considered a competent ally.
A billionaire tariff is a way less disruptive response than mass selling US treasury bonds. And it hits the people that might be able to pull zombie Hitler’s strings.
YES please. Tax Musk till he bleeds. This would be a massively successful and effective plan, since these billionaires would pressure Trump, which is just about the only way Trump would change his mind.
Hey, the argument against a wealth tax for these types is usually "but they'll move to somewhere else!"
Well, in this case, they are already somewhere else. Isolate these dipshits and get them stuck in the USA until someone with the balls to institute a wealth tax in the USA when they can no longer run away because the rest of the world is sick of their shit.
Fucking do it, Europe. Please.
Please do it! These people need to feel consequences and their finances are the only consequence they understand.
I feel like this implies that global powers are aware that the top 1% control the world. We know it, but hearing leaders admit it is not pleasant.
Europe, if you wanna get immediate change, threaten a tax against the whiniest economic cohort who have easy access to the USA president -- billionaires.
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