[brownbat]

> copyright holders do in fact declare ... and pay taxes on [IP]

Or they sell the IP to a shell company in a tax haven and lease it at an artificial price, so the balance sheet shows no profit or even a loss. It's one of the largest sources of tax evasion out there.

A system like the one midasuni proposed would actually be an interesting patch for the tax system.

Here's a similar (but different) idea from some IP law professors: https://www.uclalawreview.org/pdf/62-1-1.pdf

It's not perfect or fully fleshed out. Derivative works would raise a bunch of questions. And you couldn't use one regulatory framework for all different types of intellectual property, obviously, even though different kinds of IP can be used in this sort of tax dodge.

It's a proposal to enrich public access to orphaned works while closing a major corporate tax loophole. Saying "all this would do is benefit big business" is a surprising take here. It'd probably have some unintended consequences, any change this big would. Might be unworkable in practice. But it certainly wouldn't ONLY help big corporations. A ton of ordinary people would benefit immediately from something like this.