FTA: "The new fee would be a much more exorbitant cost for some patent holders that would function like a property tax."
I've long thought that'd be a good idea: The government practically gives away these legal monopolies — but really, they're like hunting licenses, allowing patent holders to try to levy (what amount to) taxes that are paid indirectly by the public. So it doesn't seem unreasonable that the public should get its cut.
Yes, sometimes a patent holder really is providing a benefit to the public in exchange — but not always.
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[ 4.2 ms ] story [ 22.1 ms ] threadThis is a stupid proposal.
I've long thought that'd be a good idea: The government practically gives away these legal monopolies — but really, they're like hunting licenses, allowing patent holders to try to levy (what amount to) taxes that are paid indirectly by the public. So it doesn't seem unreasonable that the public should get its cut.
Yes, sometimes a patent holder really is providing a benefit to the public in exchange — but not always.
What are you referring to here? The premium that a patent holder (one who created or purchased novel, valuable IP) is able to extract?
This is a reward for taking risk in R&D and for sharing the result with the public via patent disclosures, not a tax.