The Need for Digital Advertising Tax

On this episode of the Capitalisn’t podcast, hosts Luigi Zingales and Bethany McLean speak with Nobel Laureate Paul Romer about the implementation of a digital advertising tax and the impact it could have on companies.

Romer explains that digital advertising tax is like a pollutant that negatively affects the economy. He also stresses that antitrust laws might not be enough to curb the rise and increasing control they have. This control along with the lack of competition can spell disaster. It is a concern that is shared among many including politicians, regulators, and economists.