Thursday, July 03, 2025

Canada and Mexico Want US Billions, but Also a Fight - Victor Davis Hanson

Hello, this is Victor Davis Hanson for The Daily Signal. I’d like to talk about our two North American partners, Canada and Mexico. - Victor Davis Hanson@VDHanson
Recently, Canada decided that they were going to enforce the digital services tax...
And what it was is a 3% tax on our tech companies—Amazon, Apple, Meta, Google—by anybody in Canada who uses their service.
  • You buy something online, you buy an ad, you pay a fee to any of these and you’re Canadian, then you’re going to pay 3%...
  • And they don’t even have to be in Canada. 
  • They can be in the United States. So, they’re going to charge them 3%.
And this is the killer. 
  • They’re going to enforce the law all the way back to 2022...going to be gouged for $2 or $3 billion...

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