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by FiatLuxDave
1862 days ago
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Tax it. Banning one form of advertising simply raises the value of the unbanned forms. The problem with advertising is that there is so much of it. That is because it is cheap for the value that the purchaser receives. If we tax all forms of advertising, it will become more expensive, and less advertising will be purchased. It would be better to tax it by volume (i.e. per billboard, magazine page or banner ad) than by dollar since this would encourage better targeting. However, people would likely find a way to work around the easiest ways to define advertising volume, so it really would be best to start with a tax on advertising revenue just to raise the effective price. Think of ads like ammunition. If a bullet is 10 cents, it pays to spray and pray. But if a bullet is 10 dollars, it pays to make sure you hit your target. We have too many advertisers spraying and praying. Their ammo is too cheap. |
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>Banning one form of advertising simply raises the value of the unbanned forms.
For me personally it is most important to ban the forms of advertising that are inescapable, i.e. in public spaces. Indeed it would raise the value of advertising on radio/tv/internet, but those are much easier to ignore. But the only way to ignore outdoor advertising is just don't go outside, which is a bit much.
A tax on advertising revenue is not a bad idea though, it might be a good incentive to find other revenue streams for many types of businesses.