EU Fines US Tech More Than Taxes

in 2024 EU fined US tech companies €3.8B EU makes more from fines on US tech, than tax from ALL of public European tech in 2024 EU fined US tech companies €3.8B meanwhile public internet tech companies paid only €3.2B in income tax.

A social media post compares the European Union’s €3.8 billion in fines against US technology companies with the €3.2 billion paid in income tax by publicly traded European internet technology companies. The joke is that the EU supposedly earns more from penalizing American tech firms than from taxing its own major tech sector, presented alongside a stern official-looking podium image as an exaggerated reaction to the comparison. EN: A social media post compares the European Union’s €3.8 billion in fines against US technology companies with the €3.2 billion paid in income tax by publicly traded European internet technology companies. The joke is that the EU supposedly earns more from penalizing American tech firms than from taxing its own major tech sector, presented alongside a stern official-looking podium image as an exaggerated reaction to the comparison.

• @gentoomemes / 19545 2025-12-09