Companies that rely on advertising revenue or other business models involving user data already pay taxes on their profits. Taxing them a second time for the data they collect doesn’t make sense, and it would unbalance the Internet ecosystem and put a price on many of the free services consumers currently enjoy.
Innovation Files Blog
June 8, 2020
Lawmakers have taken several positive steps in recent years to balance the benefits of data collection with the need to protect privacy and civil liberties. That should continue.
June 5, 2020
Travel restrictions due to COVID-19 are already putting severe pressure on international student recruitment. Eliminating Optional Practical Training (OPT) would make the problem much worse.
June 4, 2020
Just because DSTs may be attractive to individual countries doesn’t make them good policy. In fact, they are bad policy. A central goal of good tax policy should be to treat similar transactions the same way. DSTs violate this principle in a number of ways.
June 3, 2020
Trump should be careful of what he asks for because striking down Section 230 could very well have the opposite effect of what he intends.
June 1, 2020
Fact of the Week: AI-Related Publications Increased 23 Percent Annually Since 2015, More Than Double the Rate of the Prior Decade
AI-related publications increased 10 percent annually from 2005 to 2015, growing to 23 percent a year from 2015 to 2018.
May 27, 2020
In contrast to what critics might assert, now is not the time to undermine either the IP rights or reasonable pricing reimbursement approaches that have underpinned so much successful biomedical innovation, and which will be key to getting through this crisis.
May 26, 2020
Fact of the Week: The 20 Fastest-Improving Technologies Between 1976 and 2015 All Were Software-Related
The changing rate of technological advancement is a large source of controversy, with fears of both acceleration and stagnation. A new paper has sought to examine more granularly where this growth is occurring, identifying 1,757 technology domains and assessing the importance of new patents in those domains from 1976 to 2015.
May 26, 2020
The notion that The New York Times Company is improving privacy for its readers is pure illusion. The company is going to continue to deliver targeted ads to users. But instead of targeting ads to users based on profiles created by third-party ad networks, the company will be creating user profiles itself.
May 26, 2020
The WTO can’t afford to put negotiations on hold during COVID-19—it needs to turn from laggard to leader in moving to digital operations.