EU TAX BOMBSHELL DROPPED. THEY ARE FUNDING THEMSELVES WITH FINES.
Public EU tech paid €3.2B income tax in 2024.
EU fined US tech €3.8B. MORE than EU tech tax revenue.
SAP moving to the US costs EU 50% of this tax money.
The EU is bleeding. This is unsustainable. Massive market shock incoming.
Disclaimer: Not financial advice.