28-07-2020 20:21 via feedproxy.google.com

Analyst: Tax hike under Biden poses bigger threat to tech than antitrust hearings

Apple, Amazon, Facebook, and Alphabet are preparing for an antitrust hearing in the U.S. Congress on Wednesday, but the real threat facing the tech firms comes not from lawmakers now, but from higher taxes later if Joe Biden prevails against President Trump in November, according to one analyst.
Joe BidenFelice Maranz for Bloomberg:“A public flogging is likely” when chief executives Jeff Bezos, Tim Cook, Mark Zuckerberg and Sundar Pichai testify before House members who “unabas
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