Our data shows that Americans see the growth of online platforms has had a positive impact on the economy. Online platforms have not only allowed businesses of every size to reach potential customers nationwide, but also to advertise to them intelligently based so that they can reach the sort of customers more likely to buy their products. For many businesses, this has enabled them to thrive rather than just survive.
Consumers have benefitted too. Greater competition, innovation, and a reduction in the information gap has all been enabled by online platforms. With their help, an ideal purchase is only a click away.
58% of Americans, and 73% of those between 18 and 24 years old, say online platforms helped them discover a small business they had not previously known.
Online platforms haven’t just benefited commerce, either. 72% of Americans said that online platforms have enabled them to be in better touch with their community.
Over three quarters of Americans (77%) believe that the ability to place digital ads on these platforms is valuable to small businesses. This benefit extends to the wider economy too, with 70% of Americans believing that digital advertising is valuable to the national economy.
Evidently, Americans value their access to online platforms and the advertising services they provide. Politicians should avoid passing regulations that risk undermining every the benefits of the internet at every layer of society – from how individuals interact with their local community, to the viability of small businesses, to the wider economy.
Online platforms have become a vibrant and important component of our economy and society.
As Yogi Berra would say, “It is Deja’ Vu all over again.”
At every turn, the New York City Council sides with the taxi cartels to the detriment of citizens outside of the heart of midtown Manhattan. This week was no different as the City Council voted to place a moratorium on new vehicle licenses for ridesharing services like Uber and Lyft.
Read more on our medium page.
Imagine having city inspectors knocking on your door with a warrant to enter your home and fine you $8,000. The crime? Renting out a room as a short-term rental without hotel-level fire alarm and sprinkler systems, elevator access, and a host of other absurdities.
The note shows that car rental companies receive a national yearly total of over $3 billion in tax breaks.
The note also provides data showing how much rental car companies received in sales tax exemptions in 2016.
Unlike car rental companies, people who use apps like Turo to lease out their cars do not enjoy these tax breaks
Ignoring this multi-billion dollar tax break, car rental companies claim that peer-to-peer car sharing platforms like Turo are the same as car rental companies. Big car rental companies are using “level playing field” rhetoric to justify calls for stiff regulations onto peer-to-peer car platforms designed to skew in favor of big rental.
Rules Will Imperil Short-Term Renters from Springfield Gardens to Hell’s Kitchen
NEW YORK, July 18, 2018 – The future of short-term rentals (STRs) throughout New York City was put at risk today by New York City Council’s passing of Int. 9081 placing legal enforcement responsibilities on Internet home sharing platforms like Airbnb, HomeAway and VRBO.
The proposal would:
- place a minimum fine of $1,500 on STR platforms every time a property owner makes inaccurate claims on a short-term rental post regardless of intention;
- require platforms to obtain, manage and certify that every property owner is abiding by local jurisdiction or homeowners association rules;
- require short-term rental platforms to share all private transaction data, such as bank account numbers, with government agencies.
“New York City risks the sensitive financial data of its residents and tourists by forcing them to hand over bank account numbers to government agencies,” said Carl Szabo, vice president and general counsel at NetChoice.
“The city’s latest anti-tech action threatens New Yorkers’ privacy and financial security, forcing many to choose between protecting their financial information and paying their mortgage.”
“New York is once again going after short-term rentals by mandating hefty requirements on platforms, many of which could be illegal,” continued Szabo. “The City Council’s proposed rules would burden New Yorkers who use STR platforms to help make ends meet.”
NetChoice is a trade association of eCommerce and online businesses that share the goal of promoting convenience, choice, and commerce on the net.