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The idea of a digital tax on algorithms, especially ad tech algorithms, is dumb for a multitude of reasons: we only tax as a disincentive and it only works when prices are non arbitrary and the tax can't be easily downstream or upstream, which will definetly happen...Permalink On twitter.com
♻️ 1 Retweets
❤️ 11 Favorites
Mood -3 🙁
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Taxes work when the profit flow is clear, but whose to say when an algorithm does something that makes money, not ad tech, which has been endlessly debating this very question of who should get credit since the dawn of doubleclick...Permalink On twitter.com
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Mood +3 🙂
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Taxes work when most of the bad actors are American or have requirements that tie them to locate in America. There's nothing forcing ad tech to stay here and not take its operations elsewhere...Permalink On twitter.com
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Mood -3 🙁
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Finally taxes work when enforcement is capable of fair and even applications. It is hard to see how that would be the case and instead the most visible and legitimate actors will pay while the worst will operate in dark squalor and poison the connected ecosystem.Permalink On twitter.com
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Mood -4 🙁
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Also like... 'Tax as disincentive' is the line of the American economic planner, but in reality uneven enforcement and attacks on the legal code have made this theoretically questionable...Permalink On twitter.com
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Mood 0
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Is tax on cigarettes really what lowered smoking rates, or is a continual public health marketing and PR campaigns, along with grassroots organizing to shut down inside smoking what did it? And is the smoking tax really a punishment on the poor? And a bad disincentive?...On twitter.com
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Mood -5 🙁
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Income tax on theory was supposed to discourage working multiple jobs and ultra wealth. Sales tax is theoretically supposed to discourage super spending on useless big ticket items like personal super yachts and encourage savers. But has it lately?Permalink On twitter.com
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Mood +12 🙂