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Trump Administration Weighs Patent System Overhaul to Raise Revenue

https://www.wsj.com/politics/policy/patent-system-overhaul-18e0f06f
12•fmihaila•7h ago

Comments

bix6•7h ago
Hey you know how the government can raise revenue? Tax the billionaires!

This is a stupid proposal.

credit_guy•6h ago
Why is it stupid? The patent holders that would pay the most are billionnaires, right? Either humans, or corporations. Don’t you think this is good?
bix6•2h ago
Accounting games will mean they don’t pay. Just raise the corporate tax rate instead. Likely will hurt smaller companies.
dctoedt•7h ago
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.

bediger4000•6h ago
This sounds like a great idea to me. Why should we as a society enforce exploitive monopolies for some evil mega corporations? Make them pay.
salawat•5h ago
Roger that. By the way, we factored that tax burden into the license fee so you can utilize the covered device/process, so in actuality, we the patent holder, aren't paying the tax, you the licensee are. Our accountants, if they were yours, would advise you to pass the cost onto your customers.

That money never comes out of the top level legal fictions. It's always the consumer.

taylodl•6h ago
To understand what "Trump" wants to do with patents, just read Project 2025. Patents are covered.

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