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A property tax on trademarks isn't a wacky idea, any more than other assets like spectrum or land. Importantly, it should be a second-price auction; the tax is
by mometsi 4y ago
A property tax on trademarks isn't a wacky idea, any more than other assets like spectrum or land. Importantly, it should be a second-price auction; the tax is the rent you pay for withholding the trademark from the next-best coalition of potential users. If you are the only one who could reasonably make use of some asset, there's no reason for the tax system to penalize your getting the most out of it.
- cortesoft 4y agoA Vickrey Auction https://en.wikipedia.org/wiki/Vickrey_auction https://en.wikipedia.org/wiki/Vickrey_auction
- scarface74 4y agoLet’s put a property tax on illiquid equity that employees get in private companies, too. I bet that won’t be appealing to the HN crowd.
- eru 4y agoIn theory, you can tax moustaches. But why would you? Colours that people can differentiate as trademarks as sort-of in fixed supply for any one industry. So similar arguments like those for land value tax (or a tax on spectrum) apply here. Those arguments don't apply for a tax on capital.