Comment by shimman
7 hours ago
Don't both, people like them hold society back. I suggest you go out and talk to your physical neighbors about taxing big tech, it has a huge amount of support. The only question is do you want a democratic administration to use said tax revenues to benefit the public or a republican administration to benefit a few private actors.
It's going to happen and I know what side I'd rather be on.
I agree with taxing big tech, but more specifically the agglomeration effect of their networks, force interoperability whenever possible, and dismantling other non-reproducible privilege if possible but taxed if not. Otherwise, ample regulation may be needed to reduce identified harm.
This is different from taxing big tech's income and capital gains, which I would leave basically intact, but my taxation philosophy would have significant downward effect on overpriced market capitalization of tech giants and would redirect economic rent that otherwise would be accumulated by big tech to the government in order to be reinvested into infrastructure for public benefits.
Primarily, I want the redirected economic rent from tech monopolies to be used to support software related initiative, whether that's supporting open source software infrastructure, support for training and starting businesses, and so forth.