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Congratulations to our presumptive Democratic nominee, Joe Biden!
Yang Proposes Tax on Digital Ads in Swipe at Facebook, Google
Democratic presidential candidate Andrew Yang proposed a tax on digital ads that takes aim at the revenue models of companies such as Facebook Inc. and Alphabet Inc.’s Google.
Along with a proposal for a cabinet-level secretary of technology, the value-added tax was among a series of ideas for regulating privacy, antitrust issues and digital platforms’ impact on democracy released Thursday by the former tech entrepreneur.
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The proposal would use revenue from the tax to grant “a slice of every digital ad” to those whose data is used to deliver the advertisements, while also ensuring customers can opt out of data collection, have their existing information deleted and move their data between rival services.
Tech giants such as Facebook and Google have risen to the heights of the digital economy by helping companies target ads to users based on the data collected from social media and search platforms. Yang’s proposal would aim to restructure the sector, and the tax would be part of an explicit effort “to incentivize companies to shift to an ad-free, subscription model.”
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https://www.bloomberg.com/amp/news/articles/2019-11-14/yang-proposes-tax-on-digital-ads-in-swipe-at-facebook-google
Along with a proposal for a cabinet-level secretary of technology, the value-added tax was among a series of ideas for regulating privacy, antitrust issues and digital platforms’ impact on democracy released Thursday by the former tech entrepreneur.
...
The proposal would use revenue from the tax to grant “a slice of every digital ad” to those whose data is used to deliver the advertisements, while also ensuring customers can opt out of data collection, have their existing information deleted and move their data between rival services.
Tech giants such as Facebook and Google have risen to the heights of the digital economy by helping companies target ads to users based on the data collected from social media and search platforms. Yang’s proposal would aim to restructure the sector, and the tax would be part of an explicit effort “to incentivize companies to shift to an ad-free, subscription model.”
...
https://www.bloomberg.com/amp/news/articles/2019-11-14/yang-proposes-tax-on-digital-ads-in-swipe-at-facebook-google
If I were to vote in a presidentialprimary today, I would vote for: Undecided
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If I were to vote in a presidentialprimary today, I would vote for: Undecided
If I were to vote in a presidentialprimary today, I would vote for: Undecided
If I were to vote in a presidentialprimary today, I would vote for: Undecided