And the kicker is, they're actually planning to overtake Harvard's $526 million investment by approximately three orders of magnitude.
> Von der Leyen announced the 500 million euros ($566.6 million) incentive package and said she also wanted EU member states to invest 3% of gross domestic product in research and development by 2030.
> If governments haven't learned to do properly tax corporations already what makes you think they'll suddenly figure it out now?
"Ground-breaking new EU rules come into effect today introducing a minimum rate of effective taxation of 15% for multinational companies active in EU Member States"