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Why is Trump not considering the money US service companies make in his calculations? Im just tryin


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Why is Trump not considering the money US service companies make in his calculations?

Im just trying to understand, the US economy is largely service oriented and the biggest firms in the world i.e. Google, FB, etc are making huge amounts of money abroad while often paying little to no tax (especially in the EU, their biggest market outside the US).

Im just wondering if this is something economists somehow consider separately or why it isnt taken into account.

 

https://www.reddit.com/r/stocks/s/PYgvSmBX4v

Posted
9 minutes ago, human1234 said:

Why is Trump not considering the money US service companies make in his calculations?

Im just trying to understand, the US economy is largely service oriented and the biggest firms in the world i.e. Google, FB, etc are making huge amounts of money abroad while often paying little to no tax (especially in the EU, their biggest market outside the US).

Im just wondering if this is something economists somehow consider separately or why it isnt taken into account.

 

https://www.reddit.com/r/stocks/s/PYgvSmBX4v

It is hard to quantify services...also US services providing services to other countries are not neccessarily based in US...

For example, Cognizant is headquartered in US and hence US company....let's say it's providing services to a UK based company....aa service provide chese resources US lone untaaru ani guarantee ledhu, India nunchi provide chestaa undocchu...

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