Punishing Good Deeds In an adjacent analysis piece, we conclude that the big digital companies have proved their value through this virus crisis, enabling a part of the workforce to stay productive while keeping children and teachers connected, and preventing people from becoming socially isolated. However, the EU’s Economy Commissioner, Paolo Gentiloni, draws the opposite conclusion. He looks at the economic recession and reportedly said, “What is clear from the European Union point of view is that we need a digital taxation…” While his goal is to get the FAANG companies to pay for Europe’s virus related-spending spree, the positive contribution to the state’s balance sheet has the direct opposite impa...

TAGS – Europe, North America