Reply to post: Re: What kind of conservatives want to tax everything?

UK should set its own tax on tech giants if international deal isn't reached – Chancellor

codejunky Silver badge

Re: What kind of conservatives want to tax everything?

@ Spazturtle

"But you are not getting anything of value from them, facebook do not provide a service that contributes to the economy."

Really? People getting a service they want and it is not dependent on income either. A service available to all which allows instant communication around the world rich or poor, young or old. Providing entertainment without a monetary price tag. It does contribute to the economy even if old methods of measuring economic activity are not able to correctly evaluate 'free'.

"If a company is a net drain on the economy then why should it be allowed to continue operating?"

Why is it allowed? Who's permission do the people need to be able to access the free service they want? Who should dictate what contributes to peoples lives and how much and what should be removed for the 'greater good'?

If we are removing drains on the economy then that is a large part of the public sector removed. Do we apply that to private individuals and over what time scale (think welfare, public pensions, life support).

There is a reason we dont have such a dictatorship. Because it would evaluate cost/benefit wrong and economic information is too slow and imprecise to do so.

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