Maryland Approves Country’s First Tax on Big Tech’s Ad Revenue
Analysts estimate that the tax will generate up to $250 million for schools in the state in the first year. It will also probably face fierce legal challenges.
We should definitely tax all ad revenue!!
This law only taxes online ads in Maryland . . .
Won't companies just raise prices ?
@FearlessFly Facebook does not charge its users. Its sole revenue is frm advertising.
@wordywalt The 'cost' of using FB, Google et. al. is loss of privacy.
If FB, Google, et. al pay tax for ad rev, won't they charge advertisers more ? Those companies paying for ads will raise prices . . .
@FearlessFly Do you think that Google values your privacy. Ain't so,
@wordywalt I value privacy more that most folks I ever encounter, you might be surprised at the lengths I go-to to avoid being 'tracked'.
I don't/won't use FB/Google/Amazon/eBay et. al.
How about two tax tiers, one for non-targeted ads and another (much higher) one for targeted ads ?
eg. 10% for non-targeted, 30% for targeted.
Let's see how much violating privacy is really worth.