The China-Russia partnership is a highly consequential geopolitical alignment driven by a shared goal of countering U.S. hegemony and reshaping the international order into a multipolar system. While not a formal alliance, this relationship is strengthened by Russia's increasing economic reliance on China following Western sanctions, which allows Beijing to leverage its influence. Policymakers should note that while the partnership projects deep solidarity (as seen in high-level summits), it remains complex and limited by mutual mistrust and competing strategic interests. This enduring alignment poses a significant challenge to U.S. interests and requires continued diplomatic vigilance.
The Washington Anti-DST Consensus: Tax Principles Worth Keeping
English Summary
The article argues that Digital Services Taxes (DSTs) violate fundamental tax principles—such as taxing profit rather than gross revenue and requiring physical presence—and undermine stable international tax frameworks. Key evidence shows that while DSTs are politically motivated, their economic burden is largely passed through to consumers, often exceeding the tax revenue raised. Policy implications suggest that Congress should champion these core principles (net taxation, no double taxation, certainty) to oppose punitive digital levies and other threats, such as tariffs or overlapping corporate taxes, thereby protecting cross-border trade stability.
中文摘要
本文論述數位服務稅(DST)違反了基本的稅收原則——例如應對利潤而非總收入課稅,以及要求實體存在性——並損害了穩定的國際稅制框架。關鍵證據顯示,雖然DST出於政治動機,但其經濟負擔大部分轉嫁給消費者,且往往超過所徵稅的收入。政策意涵指出,國會應倡導這些核心原則(淨稅收、不雙重課稅和確定性),以反對懲罰性的數位徵費,以及關稅或重複企業稅等其他威脅,從而保護跨境貿易的穩定性。
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