The state is just providing the infrastructure where you are allowed to make a claim, if you choose to do so.
This is like complaining that businesses get to use roads for free - ignoring that we all pay taxes already and built this infrastructure for enabling exactly that purpose.
This will arouse the ire of the “copyright infringement isn’t theft” people - but we also have the government enforce shoplifting and larceny from retail businesses.
I believe the legal cost to recoup the loss of either IP revenue or physical property will be born by the victim though.
* You declare your property’s worth.
* You pay IP taxes on that worth.
* You cannot sure for recovery of more than that worth, total. If you have a song worth $1M, and sue 2 people for $500K, then consider it sold. If someone steals a car from you, you can’t collect its full worth each from multiple thieves.
And if you have a $1B film, you can’t sue for $1B if you’re only paying taxes on $1M.
Why are your and my taxes subsidizing theft from the public domain? Let them pay for it, just like our property taxes pay for roads and schools and fire departments and police.
But they don’t?
Copyright infringement is a federal crime - your property taxes don’t fund that. The income tax that we all pay, including the IP holders, do the funding.
Additionally retail theft, at least in my jurisdiction of Massachusetts is prosecuted by the state - my income taxes fund that, not property taxes.
People generally do have to pay their own way to bring a civil case to recover for damages in a copyright infringement case... or any kind of case.
The fines/jail time typically ascribed by a criminal case do not go into a victims bank account. A criminal case is between the government prosecutor and the defendant. The copyright holder wouldn't even be a party to the case.
Often the property is never found and returned.
It's even more incongruous that you'd have to "register" for your rights. Intellectual property are recognized as an inherent right that doesn't require any registration at all, under the 1886 Berne Convention.
Although the US was not a signatory until 1989.
We all get legal protections for our property.
Unless you want to figure out how to receive a tax bill for the comment you have written.
Just about any written or artistic artifact you create is subject to copyright protection. How do you begin to decide how a tweet should be taxed
If I make goods I'm not taxed for owning them, only if I earn income from the sale or use of those goods.
It’s pretty easy to ballpark what a lot of house or office building is worth based on comparables that sold recently. IP doesn’t sell that much and comparisons are harder.
Will it always match the actual value? No, of course not. Sometimes popularity changes a lot, or interest rates change a lot.
I'm not sure you really need a proprerty tax on copyrights though. They generate taxable income until they expire. It seems more fair to tax the actual income rather than appraised value, to avoid problems from cases where the appraisal is too high or too low.
A Harberger tax might work well in economist-land, where any discrepancy between what wealth I could extract from my property and what wealth I actually extract from it represents an inefficiency that can be addressed by a transfer of ownership at market value at no inconvenience to the original owner. In reality, there are many other reasons than market value that I might hold onto intellectual property.
This whole thread is about how many countries with land taxes don't similarly tax other assets like IP. Whether you think it's fair or not is another question - the blocker isn't fair valuation.
https://news.ycombinator.com/item?id=47220210
capital gains does not happen on sale of land generally. These two things are obviously taxed differently because it is to the value of the government to do so, and the value of the government is supposed in many countries to somehow translate into a value for society.
The difference in how their taxed in the US is certainly not standard globally, nor is it likely to be optimal.
Actually seems a bit weird to find a tax situation in the U.S that seems less beneficial to the person paying the tax than many other countries.
It's related to the latin "c_a_mpus" / battle field -- like most European languages, there are close relationships to the neighbors. While there were shifts in sounds: in this case not.
In some countries taxes are annual.
In the UK you pay taxes when you buy/sell property, or land. You don't need to pay land/property taxes every year.
However council taxes are paid by the residents of a property rather than the owner of a property. Granted these are often the same, but consider the case of a landlord with five properties the tenants would be paying those.
In the sense that Americans talk about property taxes as an annual thing I believe that distinction makes it a slightly different thing..
(And council tax is only a thing for property, if you buy a chunk of land with no houses upon it you pay nothing.)