Tax on knowledge (7)

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Should top performing tech companies be required to share the wealth of information. Just as companies are taxed monetarily, should something similar exist for knowledge? This ideal may be better received in an American context, but not so much in somewhere, like say Colombia.

I met a Colombian woman recently whose husband’s cousin is wealthy. He has enough money for 5 generations to maintain the standard of living that he lives but wants to continue to get money for 10 generations. She asked him if he’d ever consider donating to charity, and he said no. Most people, apparently, do not see the value in philanthropy. In the US, we have a leading philanthropic company like Salesforce who built a 1-1-1 philanthropic model where Salesforce gives away 1 percent of their time, product, and equity. As someone who values charity, this is business done right.

An idea that I’ve seen some companies start are engineering in residence programs, much like Facebook’s involvement at CSUMB. The idea is novel and should be adopted by more top performing companies. I think it makes global sense for computer science specifically since there is a high demand for talent, but a disproportionate amount of qualified people. If we take a utilitarian approach to this, the numbers make sense. The idea is simple: top performing companies should be expected to share a fraction of their time at local schools, be it elementary, middle school, high school, or college.

This might sound a bit socialist, or something, but to me, if we took a tax scheme approach, more amounts of people would be able to benefit. Taxes pay for roads, and knowledge teaches people how to creates those roads. In principle, this may raise some ethical concerns, but they would be the same ones we have about taxes.

 

Source: I kind of just thought it was interesting. I am going to source myself!

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