Regulating internet to correct the excesses and abuses that arise from the total absence of rules is a moral imperative,â€ he declared to the Holy See.
Gaining regulatory and financial control over the web seems to be high priority for Sarkozy.
I’d like financial control over the web as well.
Earlier this year, the French government proposed a so-called â€œGoogle taxâ€ which Sarkozy enthusiastically supported. The measure would require internet giants like Google, Microsoft, and Yahoo to declare their advertising revenues to allow the country to collect a share.
I can agree with that. If your company operates in a certain country, it should pay some taxes to that country. But im sure they do, otherwise they would not be even in that country
The tax would generate an estimated $14.3 million USD per year, which the government says would go towards the countryâ€™s artists.
I have yet to see the first financial report that actually declares it has been giving money to an artist.
â€œThese companies are taxed in the country where they are headquartered, although they tap a significant part of our advertising market,â€
I can agree with that reasoning.
The Internet grew more quickly than anyone had imagined it could, and it was only a matter of time before governments tried to take control and use it for financial gain.
Can’t blame them for trying. Can’t blame us then for trying to circumvent it.