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2026-08-22 07:04:59 UTC
in reply to

atomicker on Nostr: Our DST would have zeroed in on big US tech giants like Google, Meta, Apple and ...

Our DST would have zeroed in on big US tech giants like Google, Meta, Apple and Amazon, applying a 3% charge on revenue they earned in Canada above $20 million. It was supposed to start under Trudeau, and if Carney hadn't killed it, we would have collected $2 billion in back-taxes from these companies up front. The DST was popular in Canada; Carney's retreat on it was not well-receieved, and -- obviously, in hindsight -- gained Canada exactly nothing from Trump and his cronies in tariffs and trade negotiations.

https://vancouver.citynews.ca/2025/06/30/canadians-react-to-cancelling-digital-services-tax/a