> Openness, freedom and sharing of information, innovation, and experimentation are intricately woven into the DNA of the web; this would simply not be the case with any sort of stifling draconian policies.
How does taxing meat-space purchases that happen to be done over the internet affect any of these things?
> Entrepreneurs would have little incentive to take the leaps of faith that have since turned the Internet into, at least in Congress' eyes, the economic powerhouse that it is today.
Yes, regulation has eviscerated America's drug industry, its financial industry, its content industry, its defense industry, its rail freight industry, its agricultural industry, etc. Oh wait, no, all of those are preeminent in the world. But it does kill innovation, right? Well no, one of the most innovative companies in the history of the world, that built the world's preeminent telecommunications network of the time, was a de-facto government-sanctioned monopoly (AT&T).
How does taxing meat-space purchases that happen to be done over the internet affect any of these things?
> Entrepreneurs would have little incentive to take the leaps of faith that have since turned the Internet into, at least in Congress' eyes, the economic powerhouse that it is today.
Yes, regulation has eviscerated America's drug industry, its financial industry, its content industry, its defense industry, its rail freight industry, its agricultural industry, etc. Oh wait, no, all of those are preeminent in the world. But it does kill innovation, right? Well no, one of the most innovative companies in the history of the world, that built the world's preeminent telecommunications network of the time, was a de-facto government-sanctioned monopoly (AT&T).