The Technology 202: 2020 candidate Klobuchar wants to tax big tech companies' on data use

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But experts say that will be difficult.

on Capitol Hill, suggesting that revenue from sucha levy could be used to pay for cybersecurity protections.

Klobuchar’s proposal is just the latest sign that Democrats are tapping into that sentiment and trying to elevate regulating the technology industry as a 2020 issue. Her plan and Sen. indicate some candidates are eager to put a stake in the ground on privacy issues. Since they began selling ads, the largest technology companies have operated on the tacit understanding that you get free access to service in exchange for your data -- ranging from the photos you upload to Facebook to the locations you search for on Google. But following, which showed Facebook data could be leaked to a political consultancy without people’s knowledge, that arrangement is under renewed scrutiny.

To assess value, García Martínez said policymakers could perhaps look at metric tracked by companeis related to advertising. For example, mythat Facebook gathered $82 in advertising for each member in North America in 2017. But such a figure doesn’t break down what information is worth on an individual basis, or its value to the company for other uses, such as developing artificial intelligence.

 

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IdaFlo Tax everything.

You couldn’t find a better picture?

🙄

What the hell any body can do if big tech. companies move their Head quarters to some remote area,where they do not have to pay any Tax at all. You are not alone to tax big companies. Try to work hard and earn some money than Donate some.

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