Resources and Publications

Don’t Tax Internet Access

August 9, 2013
| Blogs & Op-eds

One of the basic principles of an innovation-based tax policy is that government should “tax bads, not goods.” This is the idea behind proposals such as using carbon taxes to pay for an expanded research and development tax credit. So why would the government want to tax Internet access when, according to the McKinsey Global Institute, the Internet accounts for 3.8 percent of U.S. GDP?