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This is a great article. It's an interesting phenomenon. How did the `.tv` boom work out? Anyone know registration rates for that domain over time? We are in a

by dpflan 3y ago

This is a great article. It's an interesting phenomenon. How did the `.tv` boom work out? Anyone know registration rates for that domain over time? We are in a big wave of AI hype so the registrations are going to be many for now... """ And it’s just part of the general budget—the government can use it however they want. But I’ve noticed that they’ve paid down some of their debt, which is pretty unusual. They’ve eliminated property taxes on residential buildings. So we’re doing well, I would say. """

madsbuch 3y ago
A shame they don't manage that inflow of money particularly well. Instead of giving tax cuts they should treat it like Norway treats income from oil and make a sovereign wealth fund – oh well...
- dpflan 3y ago
  Right, "remove taxes because of domain sales!"...not a good long-term strategy
  - p4bl0 3y ago
    Yes, and since it's property taxes it also means that this money is redistributed to people already wealthy enough to own their house or apartment (and most probably those that others rent)…
- gwern 3y ago
  When you're a small incompetent corrupt country, a sovereign wealth fund is the last thing you want. Like dumping gasoline on a fire. Whereas cutting taxes - well, it may not be optimal, but it's harder to corrupt, is transparent and publicly observable, and easy to implement.
  - dpflan 3y ago
    Not following the phrasing: "Whereas cutting taxes - well, it may not be optimal, but it's harder to corrupt, is transparent and publicly observable, and easy to implement." Cutting taxes is harder to corrupt? The removal of taxes is good because the country can't properly collect taxes in the first place?
    - gwern 3y ago
      Indeed. "Please pay us 100 rubles for house tax." "But house tax was abolished last year thanks to the AI revenues!" "Er..." > The removal of taxes is good because the country can't properly collect taxes in the first place? Sure. Look at Russia's infamous 'tax audits'. ("For my friends, everything; for my enemies, the law.") And then deadweight losses, overhead from dodging it, stuff being driven in to blackmarkets, manipulation of tax regs (the more complicated the better) to subsidize connected oligarchs... The more nominally powerful but incompetent a government is, the worse.
  - madsbuch 3y ago
    This is a surprisingly good argument that me as a Danish person in a well functioning society with almost no corruption forgets. However, one could hope for a bit more ambition on these matters :)
- onionisafruit 3y ago
  Why would people tax themselves when they don’t need to?
  - madsbuch 3y ago
    I can recommend you to look into the Norwegian case and study general economics. There is a hole repository of knowledge you'd need in order to understand why taxation is important.
notzane 3y ago
120k registrations * $30 = $3.6 million last year (minus fees). At the peak (July 2020) they did 140k in a single month. https://domainnamestat.com/statistics/tld/tv-TLD_ID-1435 https://domainnamestat.com/statistics/tld/tv-TLD_ID-1435

by dpflan 3y ago

madsbuch 3y ago

A shame they don't manage that inflow of money particularly well. Instead of giving tax cuts they should treat it like Norway treats income from oil and make a sovereign wealth fund – oh well...

dpflan 3y ago
Right, "remove taxes because of domain sales!"...not a good long-term strategy
- p4bl0 3y ago
  Yes, and since it's property taxes it also means that this money is redistributed to people already wealthy enough to own their house or apartment (and most probably those that others rent)…
gwern 3y ago
When you're a small incompetent corrupt country, a sovereign wealth fund is the last thing you want. Like dumping gasoline on a fire. Whereas cutting taxes - well, it may not be optimal, but it's harder to corrupt, is transparent and publicly observable, and easy to implement.
- dpflan 3y ago
  Not following the phrasing: "Whereas cutting taxes - well, it may not be optimal, but it's harder to corrupt, is transparent and publicly observable, and easy to implement." Cutting taxes is harder to corrupt? The removal of taxes is good because the country can't properly collect taxes in the first place?
  - gwern 3y ago
    Indeed. "Please pay us 100 rubles for house tax." "But house tax was abolished last year thanks to the AI revenues!" "Er..." > The removal of taxes is good because the country can't properly collect taxes in the first place? Sure. Look at Russia's infamous 'tax audits'. ("For my friends, everything; for my enemies, the law.") And then deadweight losses, overhead from dodging it, stuff being driven in to blackmarkets, manipulation of tax regs (the more complicated the better) to subsidize connected oligarchs... The more nominally powerful but incompetent a government is, the worse.
- madsbuch 3y ago
  This is a surprisingly good argument that me as a Danish person in a well functioning society with almost no corruption forgets. However, one could hope for a bit more ambition on these matters :)
onionisafruit 3y ago
Why would people tax themselves when they don’t need to?
- madsbuch 3y ago
  I can recommend you to look into the Norwegian case and study general economics. There is a hole repository of knowledge you'd need in order to understand why taxation is important.

notzane 3y ago

120k registrations * $30 = $3.6 million last year (minus fees). At the peak (July 2020) they did 140k in a single month. https://domainnamestat.com/statistics/tld/tv-TLD_ID-1435 https://domainnamestat.com/statistics/tld/tv-TLD_ID-1435