20 May '15, 12pm

This Guy Want You To Pay A Tax On “Parked” ‘Unused” Or “Idle” Domains

In a story published by Circleid.com written by Alex Tajirian , CEO at DomainMart, Mr. Tajirian suggests that all parked, “unused” or “idle” pages need to have a Tax imposed on them to reduce cybersquatting, even if the domain name is generic. Mr. Tajirian proposes that all “parked” domains or “unused” or “idle” domains be subject a tax similar to a property tax for real estate: “We need a tax.” “Right now a tax is the weapon needed by the domain name community. We face way too many cyber and typosquatters. To drive them back, let’s tax parked and unused domain names. The tax will make it much harder for speculators to turn a profit while they keep domains sitting idle or parked.: The industry, not government, will impose the tax, and the revenues will go to the Internet community at large. Meanwhile, brand-name owners will see lower legal fees, reduced IP damage, and less...

Full article: http://www.thedomains.com/2015/05/20/this-guy-want-you-to...

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