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It has the added benefit of generating tax revenue and incentivizing the government to protect copyrights both domestically and internationally.
by koheripbal 5y ago
It has the added benefit of generating tax revenue and incentivizing the government to protect copyrights both domestically and internationally.
- lotsofpulp 5y agoIncome tax generates tax revenue just as well, and the government’s incentive to protect copyrights domestically is the fact that it is the law. Internationally is a matter of politics, but I do not see a clear black and white answer for why copyright would need to be enforced internationally.
- Beldin 5y ago> Income tax generates tax revenue just as well Income tax generates tax revenue. Whether it's "just as well" as other forms of taxing is debatable. In at least some countries, wealth is taxed less than labour, which increases a class distinction. Less income taxes in favour of other taxes may redress that balance. Or it may not - economists and ouija boards can give you predictions.
- lotsofpulp 5y agoSure, but I do not see the purpose of creating a special tax scheme just for copyrighted works. If you want to hit everyone with a wealth tax, then do it the same way for all assets.