Economists have long recognized that technological innovation and enhanced communication increase productivity and reduce friction in economic activity. And never before has technology’s impact on economic growth been as evident as it is today.
At IPI, we focus on technology and communications policy not only because it’s critical to economic growth, but also because government’s inherent tendency to regulate prospectively poses an active threat to the economic gains and lifestyle enhancements made possible by technological innovation.
The communications and technology industries are among the country’s most competitive and the biggest capital investors in the U.S. economy, and are thus prime engines of economic growth and job creation. It is critical that public policy encourages continued innovation and investment in the tech sector, and that we don’t limit the innovation upside with counterproductive taxes and regulations.
New Congress Must Solve the Internet Sales Tax Problem
Congress needs to create a clear standard that defines physical presence and other key terms, and protects small and modest-sized sellers from the burdens of onerous multi-state audits.
California Schemin'
A successful consumer data privacy law would be a federal law that addresses interstate issues.
With FCC Likely to Mostly Stick to Cable Franchising Fee Plan, Suits Probable
The FCC seeks to “limit municipal greed” with a “pro-consumer move” that “simply enforces the intention of federal law to limit the financial demands municipalities can make of cable providers,” wrote IPI president Tom Giovanetti. Some cities place a franchise fee on internet services, prohibited by the Internet Tax Freedom Act, he said: “When government imposes on companies, they end up being passed along” to consumers “in the form of higher prices.”
Those Greedy Cities
When government imposes costs on companies, they end up being passed along in the form of higher prices.
It's Been a Very Good Year for Broadband Since Repeal of Internet Regulation
The internet got dramatically better in the year since internet regulations were reversed.
Taking a BAT to the Wayfair Decision
Congress is already thinking about how to restore the notion of taxation only with representation—i.e., restore a physical-presence standard, by simplifying business activity taxes (BAT).
Jerry Brown, Meet the Constitution
California's effort to regulate the internet ignores the Constitution's Commerce Clause, even though the internet is the very definition of interstate commerce.
Jerry Brown, Meet the Constitution
California's effort to regulate the internet ignores the Constitution's Commerce Clause, even though the internet is the very definition of interstate commerce.
Driverless Cars Are Driving Safer Roads in Texas
Surveys show that much of the public is concerned about driverless cars; but pilot programs in Texas will hopefully dispel those fears.
Government Must Put Innovation First in Communications Innovation, Including 5G
There is a role for government to play in the 5G rollout, and it’s not more regulation—it’s removing government impediments so the private sector can build infrastructure as quickly and as efficiently as possible.