💻 Technology 2d ago · William Gallagher <wg@williamgallagher.com>

EU Big Tech tax hike faces opposition not just from US, but at home too

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EU Big Tech tax hike faces opposition not just from US, but at home too
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The European Union is considering a tax increase on Big Tech that it weirdly believes will avoid a US backlash, but on top of that, some EU members are already against it.The EU is looking for tax income for its 2028-2034 budget from US Big Tech - image credit: EUBack in July 2025, the European Union dropped its plans for a tax on Big Tech firms, seemingly as part of a move to appease Trump during trade negotiations. Now according to the Financial Times, the EU has a new plan that would raise si

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