3 ms·

Valuation of IP is not easy. Even if you invest a lot of effort, there will be some big error bars.

• beagle3 10y ago
  Of course. But they will still be about a hundred times smaller than they are today. Today, someone thinks of an idea, patents it and estimates its worth at $100M. Someone else develops the same idea and assigns a value of $20K. That's the error bar TODAY. Inventor has no incentive for realistic estimate - they will always overestimate (no penalty for that). An infringer has no incentive for a realistic estimate (no additional penalty for that if he loses in court). An ip tax will decrease the error bars by forcing the patent owner to pay for overestimates.
• Aaargh20318 10y ago
  That is the whole point. Either you agree that IP is real property and as such it should be taxed, or you don't and and you pay no taxes. If your property has value, then you should pay property tax. If it has no value, you cannot claim damages if someone 'steals' said property since it wasn't worth anything. You can't have your cake and eat it. If you start taxing imaginary property, this will force IP owners to consider wether their IP has actual value or not and act accordingly.