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Why we never developed a vacant land/land value tax on parked domain names has always been a mystery to me — speculation through domain name squatting (and, to
by jd3 2y ago
Why we never developed a vacant land/land value tax on parked domain names has always been a mystery to me — speculation through domain name squatting (and, to a more extreme degree, cyber-squatting) has always left a bad taste in my mouth.
- nine_k 2y agoLand value taxes pressure you to make money out of land, of GTFO and yield it to someone who can make enough money to offset the tax. This should work great in dense city downtowns, for instance. The early internet was pretty non-commercial, and a lot of valuable domain names were taken by projects that do something useful or cute, but cannot generate any serious money, or any at all. An introduction of an LVT equivalent would unsettle all these small projects. Another question is how to compute the value. I see only one non-arbitrary approach: to auction off every domain every year; the sum paid would be the tax. Cybersquatters would win many such auctions, but of course only for domains they think will be in demand soon. Another question why dmv.org should in any way be related to DMV; I'd expect it to be DMV.gov because it's a governmental agency. You can't squat a .gov domain.
- fragmede 2y agoyou and I can't, but I bet there NOC at .gov has some stories to tell.