this post was submitted on 11 Aug 2025
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Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports (www.cnbc.com)
submitted 4 months ago by vegeta@lemmy.world to c/technology@lemmy.world
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[–] FauxLiving@lemmy.world 44 points 4 months ago (2 children)

Donald Trump has finally discovered taxes

[–] IcyToes@sh.itjust.works 20 points 4 months ago

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

Standard capitalism.

[–] Passerby6497@lemmy.world 8 points 4 months 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.