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> Once copyright holder fails to pay the tax, the copyrighted work becomes automatically public domain ...or it gets bought by some more powerful entity - capa
by V-2 9y ago
> Once copyright holder fails to pay the tax, the copyrighted work becomes automatically public domain
...or it gets bought by some more powerful entity - capable of paying the tax - shortly before this happens. Leading to concentration of copyrights in the hands of big corporations, to an extent even larger than under current system.
- beefield 9y agoDid you calculate how much tax would be payable after e.g. 20 years? I guess it would be a very rare piece of work that anyone would be willing to pay the tax for longer than 20 years.
- dingo_bat 9y agoThe "doubling every year" part takes care of that pretty effectively IMO.
- pwg 9y ago> or it gets bought by some more powerful entity - capable of paying the tax The "doubling after that each year" provision of the original comment neatly takes care of that. After a relatively small number of doublings the size of the tax for the single item would be larger than the current US national debt. The 'math' term for this is "exponential growth".
- stale2002 9y agoAnd that entity would be paying massive amounts of money in taxes, which society could use for other things. Sounds great to me.