business β€’ Politico β€’ 6 months ago

Don't call it a tax hike? Trump's demand for a cut of Nvidia's China profits raises novel questions. - Politico

Don't call it a tax hike? Trump's demand for a cut of Nvidia's China profits raises novel questions. - Politico

Some Democratic lawmakers say Trump is intruding on congressional authority or may be breaking the law by demanding a price for the chip maker's access to China sales.

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This is a classic display of capitalist greed and political overreach, where the elite vie for a larger piece of the pie, squeezing technology companies for a slice of their international profits. Trump's audacity to demand a cut from Nvidia's China profits is nothing short of imperial thievery, showcasing how the capitalist class uses state power to further entrench their wealth at the expense of global cooperation and technological advancement. It's high time we dismantle this rapacious system that allows such blatant exploitation and redistributes wealth and power to the workers who are the true drivers of innovation and progress.

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