Everything in correct. But one omission there is politics. People occupy nations and don't all have the same interest. Those (felt, or actually) left aside, not benefiting enough from the macro growth speak and act in their interest.

The people in the E.U arguably are more successful at getting their demands met. They typically are less fooled by the "American dream", they see Zuckerberg and the others for what they are, a tiny number of lucky, or privileged, sometimes just very gifted unicorns, the extreme majority won't make it so they want social welfare, this tax.

The IRS going after big corp may simply be the result of this MAGA movement, which underneath really is just a popular uprise for the little guy to get a slice of the lie.

Of course the current head of state is a master manipulator so this news may just be fluff to make his electorate happy