BONOKOSKI: You get high, and they get tax-free rich, on a Facebook ‘like’
The biggest drug dealers in the world are Mark Zuckerberg and Larry Page, the public faces behind Facebook and Google.
They have admitted their tech creations were designed to be addictive.
Proof? Facebook now has over 2.2 billion active users. Google is the preferred search engine of 77% of the world, the go-to place for 1.5 billion.
The average user swipes, taps, scrolls its smartphone 2,600 times a day.
No other drug comes even close to being so addictive.
But Facebook and Google are now in trouble.
Zuckerberg has admitted to a “major breach of trust” due to his platform misusing personal data mined from its site after whistleblower Chris Wylie, a Canadian algorithm whiz, confirmed the company he later co-founded in Great Britain, Cambridge Analytical, was involved with Facebook in skullduggery involving the election of Donald Trump.
Adding to the intrigue is the fact that Wylie was once awarded a $100,000 contract by the Liberal Party of Canada to explore ways of getting a social-media edge in election campaigns, but claims it backed off.
And Google is in trouble for its propensity to publish fake news.
Both corporations are as self-serving as they come, of course, They are in the business of making money hand-over-fist and giving little of it back.
It’s amazing what a simple Facebook “like” will do.
The psychological “high” coming from self-affirmation is just what Dr. Feelgood ordered, and what keeps the cash registers ringing.
Its principles, however, are flexible. In China, for example, it meant Facebook and Google adhering to the communist regime’s censorship rules or lose, as they once did, access to the country’s 700-million Internet users.
No problem, they said. China’s new President-for-life Xi Jinping’s wish was the technology giants’ command.
To believers in free speech, conservative values and democracy, this is an egregious sellout where the evils of money and censorship triumph.
Because of Facebook and Google, established newspapers across the globe are struggling to survive because of advertisers leaving them behind to float their wares in the cyberworlds of Facebook and Google.
Not only are Mark Zuckerberg and Larry Page the most successful peddlers of the most addictive drug in the world, they are scalpers of legitimately gathered news, producers of fake news and therefore the recipients of millions upon millions of click-bait advertising dollars.
Policymakers in the European Union are presently discussing ways of creating a new tax on tech giants like Facebook and Google that could raise upwards of $6.2 billion annually.
Their proposal is to tap into the online advertising revenues where firms like Facebook and Google have the bulk of their users and customers, and then levy a 3% tax on those revenues.
In announcing the proposal Wednesday in Brussels, the EU’s top tax official. Pierre Moscovici, spoke to the truth of what is happening.
“The digital revolution has overturned economies and it has profoundly affected the way businesses create value today,” he said.
“Your click triggers a whole chain of commercial transactions and therefore generates substantial profits (that are not taxed in most countries.)
“This legal loophole is no longer acceptable.”
A recent report revealed that Facebook and Google jointly grabbed up 64% of all the Internet advertising dollars spent in Canada — more than $2.4 billion annually — but pay no corporate tax and charge no HST.
In Canada, there are purportedly 8.2 million Facebook users, giving Facebook access to the homes of 75% of our country’s Internet users.
Facebook gets the money and we get the “likes” and the highs.
Yes, we’re being played.