Against Monopoly

defending the right to innovate

Is IP Property

Monopoly corrupts. Absolute monopoly corrupts absolutely.

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I came up with an idea a few years ago that would help the current IP problem. When I say IP, I do mean both copyrights and patents. Let pretend that IP is property. Lets have IP property tax. Now, I generally vote republican, so I dislike the idea of new taxes, and new complicated laws and branches of government to deal with. To keep auditors at bay, I propose that the owner of the IP be able to state the value of their IP. They would then be taxed at some fixed rate. The feedback loop that would keep them from stating too low of a value is that the stated value is the sale price for the IP entering the public domain. If some genius comes up with a patent to make everyone's life better, they can say it is worth millions, but they better get their idea to market so society can take advantage of it. Or they can sit on it, and society can take advantage of the taxes. Or someone who can actually execute on the idea can pay the inventor for their genius and get to work bettering society. If the inventor was already working on bringing the idea to market, they would still be able to continue since their IP is public domain, not transferred. Either way IP would work for society again.

Rolling this out would also address orphaned works. If there is no stated value for the IP, it defaults to the public domain.

Since I generally vote republican, I would prefer that corporate and personal taxes for the following year are reduced by whatever the IP tax nets in the previous year. But this is such a mess, that I would be willing to see a net increase in taxes.

Dan Wheeler,

Electrical Engineer

Now, I generally vote republican, so I dislike the idea of new taxes, and new complicated laws and branches of government to deal with.


Since I generally vote republican, I would prefer that corporate and personal taxes for the following year (...)


Do your viewpoints seriously derive from which of two political parties you voted for? My parents voted republican, so I vote republican. I vote republican, so these are my views.

Perhaps you think saying which of two parties you voted for helps define your standpoint? In that case, let me tell you that a lot of other people generally vote republican too and most of them have views that differ from yours.

In my arrogant opinion, saying which political party you voted for doesn't really add anything at all.

In fact, voting itself probably doesn't add anything. You might as well forgo the whole republican / democrat thing altogether.

Dan, it's a good idea and would be an improvement. However, it more plainly reveals that even the existing system simply expends effort for no net gain. All those administrative costs and inefficiencies in a system that creates nothing except work for its administrators, and a net loss in liberty given the unnecessary constraint over inventors, entrepreneurs, and innovative businesses - a consequent reduction in the exploitation of human knowledge.

It would be far more energy efficient and more conducive to technological progressive simply to abolish patents (with or without your reformation) and focus on protecting inventors' exclusive right to their designs. And that's their NATURAL exclusive right, not the privilege of a monopoly that is subsequently granted to them and termed an exclusive right.

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