Investors Need a Patent Tax

You don't think that's worth 1% of your proceeds? That's less than any credit-card discount rate you pay Visa or MasterCard. It's one-tenth of what many states charge poor people in sales tax. And it's not going to the general fund. It's money that's directed toward increasing the return on granted patents.

It's an investment. Plus, since it's not going directly into the patent office, you have a mechanism that might be used to extend the regime to other countries. Imagine, internationally recognized patents, and a one-stop shop for intellectual property.

Please tell me this is crazy, because the more I look at it the more sense it makes. When the alternative is paying lawyers to argue with one another after a patent grant, an outcome that costs more in the long run and doesn't help the patent owner one bit.