Economics @ ITT

‘Privacy tax’ creator makes his case, warns ‘software is eating the world’

Posted in economics, Taxation by ittecon on February 15, 2013

Colin, a tax inspector for the Ministry of the Economy and Finance in France, believes that corporations have turned the Digital Age into a massive tax haven which dwarfs anything high-priced accountants have ever pulled off in places like the Cayman Islands. His beef: Corporations don’t pay a penny in taxes on all that free labor.  In other words, not only are you are the product, but you’re also paying for all the roads, fiber-optic lines and airports that digitally dependent corporations need to get rich.

via ‘Privacy tax’ creator makes his case, warns ‘software is eating the world’ – Red Tape.

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