low tax countries joining us now to explain is hillary or was board member of the british american business association hilary got to say when the story came up i was like we've got to have hillary and how do you know you know so much about this particular issue will start within a week or so its focus is on the idea that facebook back in 2010 essentially just made a decision to say we're going to shift to this irish subsidiary and we're going to essentially lease intellectual property back and forth and we'll take that lower tax rate in ireland that to be absolutely and then couple things to set the background you're totally right this is a huge issue and it's actually for once very exciting in terms of the courts because this is going to impact all the high tech companies you member the people used to talk about the celtic tiger this was because i lowered their tax rates why did they lower their tax rates they lowered their tax rate to like something like 12 percent and that was to encourage international corporations to do exactly precisely what facebook has done and if you recall we had actually ta

member with the british american business association always great to have your insights that i just pleasure bad because a. fascinating story as the state of new mexico is now suing google for the secret collection of information on children which included their location their browsing history and the videos that they were watching and all of it was done through a google suite of programs provided for free to schools across the state but the state says google was actually taking advantage of kids and families without their knowledge and was simultaneously breaking the law joining the charges while the girls contributor to america's lawyer molly glad that you're here. so my how hard is that for google to be able to fight this thing because right now. we know that this has happened to them before so is this something that they are familiar with or what is their defense. absolutely kristie google is saying hey this lawsuit is factually wrong we would never spawn kids we took a pledge several years ago that we wouldn't gather this information to use to do bad targeting and lo and behold

bust r t joining us to discuss this story is hillary for which board member of the british american business association hilary thank you so much for being with us today because now 1st off i want to go talk about this because the u.k. is going to eventually get annoyed with us i mean we continually keep telling them you're making the wrong decision so you need to do what we tell you is that going to be a problem i mean just this overall demeanor that the u.s. is going to having towards the u.k. well you know it reminds me of the movie on 2003 actually you know hugh grant played the prime minister member it was a scene in there which was like to think like oh yes here we're not going to be bullied by the u.s. so yeah you're right brand this paternalistic attitude does not go well in the u.k. and of course there's the insinuation that because the policy palm and the intelligence committee did a very deep dive in terms of investigating huawei and those backdoor methods and they ruled that it is safe now one thing i will say the cabby out is we know that while way has only been stored in what are considere

other issues across the european markets is hillary ford which board member with the british american business association said to have here. that has taken place finally slide brags that i had absolutely there is a discussion about what happens now a trade deal between the u.k. and the e.u. and everyone's kind of acting like this is a shocker right the e.u. budget negotiator we heard some of what he said there he says that an offer of 0 tariffs and 0 quotas on all goods to the u.k. could be conditional on open and fair competition what is britain's access to the e.u. market look like right now and what will it look like you think in the near future well obviously michel barnier. with that he can't make it easy to i've said this for quite some time which is this is like when someone tries to leave a cult or they try to leave some kind of club if you make if you make it easy everybody else is going to leave if this was easy and hunky dory there'd be next it because the dutch would leave in there because the swedish would leave so basically what the u.k. wants is far more of a deal much more like canada wel

joining us now to help break this down is hillary forward to board member with the british american business association and she loves to talk to joel ties. start with this talk about creating a safe harbor or receive a been for those u.s. tech companies because at 1st blush when you hear that terminology it sounds like the u.s. is asking for tech companies to be given some kind of special protection across europe from digital taxes but the whole point of these digital taxes the entire conversation surrounds exclusively u.s. tech companies like amazon apple facebook google correct yes i'm actually going to say name me the european big global tech you know these unicorns are all american companies and that's because of our deregulation the obviously the inspiration that's here in terms of the entrepreneurial spirit as well as all the other incentives financially tax wise etc in the u.s. i think what you're seeing though is you're beginning to see this global consensus you mentioned the finance minister of france that's bruno him saying this 2 days ago he was at the g 20 summit in. saudi arabia i think wh

and massive consolidation is a big deal it is a big deal hillary forward with the british american business association thank you so much for your insights. gary look at someone and wonder what is going on inside their head that well that's what we all thought when we heard his latest release which is even more bizarre than a cyber truck his latest releases etiam song titled don't doubt your vibe which consists of musk repeating himself over and over again for almost 5 minutes it sounds like he's talking. all those heavy shorting a stock as it explodes another 25 percent in 3 days but as another heavy picks up its short position more haters are merging after all tesla is now 40 percent bigger market cap but it only made about 5000 cars and 2019 volkswagen on the other hand made almost 11000000 cars so it doesn't really make sense to me but hey that's just math who cares about that when you have the hype of a brand new song yeah so ok so just to understand that musk is free styling the song is that i was no you were you already did all that actually like on paper and he's trying to read it straight into