PPI WEEKLY UPDATE: PPI in Europe, Copyright in the Digital Age, and Obama's Trade Agenda

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PROGRESSIVE POLICY INSTITUTE ===== *PPI RETURNS FROM EUROPE*: Last week PPI led a bipartisan delegation [ http://www.progressivepolicy.org/issues/economy/ppi-returns-from-2015-digital-trade-mission-to-europe/ ] of 12 senior-level Congressional staff on a four-day swing through three capitals: London, Brussels and Berlin. PPI's Digital Trade Study Group missions to Europe serve two important purposes. First, they enable key Congressional staff from both parties to get a better understanding of European views on innovation policy, T-TIP, digital trade, privacy, copyright and other interests of mutual concern and transmit that knowledge to Members of Congress. Second, they underscore to our European friends the importance Congress attaches to transatlantic commerce in general and to data trade specifically. This year's mission advanced both of these goals. And it added important new dimensions to the extensive network of European political leaders, industry professionals, and policy analysts that PPI has built over the years. *COPYRIGHT IN THE DIGITAL AGE*: This week, PPI released "Copyright in the Digital Age: Key Economic Issues" [ http://www.progressivepolicy.org/wp-content/uploads/2015/04/2015.04-Mandel_Copyright-in-the-Digital-Age_Key-Economic-Issues.pdf ], a new policy brief by Chief Economic Strategist Michael Mandel analyzing the economic purpose of copyright in the Digital Age in the United States and Europe. "Creators, companies, and governments need to think clearly about which goal or goals of copyright is the most important to them, and move towards a system that supports those goals," Mandel writes. "Nobody can predict how copyright law is going to change next, either in Europe or the United States. But in order to navigate the coming changes, we need to have a better idea about what goals we are striving for." Last week, PPI released "Taxing Intangibles: The Law of Unintended Consequences" [ http://www.progressivepolicy.org/wp-content/uploads/2015/04/2015.04-Mandel_Taxing-Intangibles_The-Law-of-Unintended-Consequences.pdf ] also by Mandel. The policy brief notes that digitized information differs from physical goods and services in that it can be duplicated at negligible cost and used by different consumers at once. As such, Mandel argues, it makes little sense to tax this intangible knowledge and new proposals for to do so will undermine global growth. *SHOULD THE U.S. CONSIDER A PATENT BOX?*: In a blog post this week [ http://www.progressivepolicy.org/blog/should-the-us-consider-a-patent-box/ ], Mandel questions who will write the new rules of the global tax system. "The rulebook for 21st century global tax policy must be written by those policymakers, in the US and elsewhere, who understand the importance of risk-taking and investment in innovation," Mandel writes. "This imperative drives the United States to consider concepts such as the 'patent box,' a tax instrument that discourages tax avoidance by large corporations while encouraging the creation of growth-enhancing knowledge." *THE OBAMA TRADE AGENDA*: In an op-ed for "The Hill" [ http://www.progressivepolicy.org/issues/economy/the-hill-how-the-obama-trade-agenda-can-advance-progressive-goals/ ], PPI Trade Fellow Ed Gerwin argues how the Obama trade agenda can advance progressive goals. "Trade-skeptical Democrats should use the debate on Trade Promotion Authority to take a fresh look at President Obama's far-reaching trade initiatives," Gerwin writes. "As we've detailed in a recent Progressive Policy Institute report [ http://www.progressivepolicy.org/issues/economy/obama-trade-agenda/ ], open-minded progressives can find many examples of how the Administration is combining smart trade policy and progressive ideals to advance vital goals while strengthening both the United States and the global economy." *THE COST OF TITLE II*: PPI Senior Fellow Hal Singer contributed two pieces to "Forbes" in the last week. The first [ http://www.forbes.com/sites/halsinger/2015/04/09/the-fcc-estimates-its-new-rules-will-contribute-over-100-million-to-the-u-s-economy-really/2/ ] addresses a recent report by the FCC that estimates reclassifying the Internet as a public utility under Title II will contribute more than $100 million to the U.S. economy. The second [ http://www.forbes.com/sites/halsinger/2015/04/15/tall-tales-about-title-ii-in-texas/ ] debunks a recent claim by FCC Commissioner Tom Wheeler that public-utility regulations of telephone companies under Title II of the Communications Act actually encouraged telecommunications investment from the late 1990s until 2005. Singer was also quoted in an article by the" LA Times" [ http://www.latimes.com/business/la-fi-broadband-fees-20150409-story.html#page=1 ] on how the FCC's net neutrality rules open door to new fees on Internet service. "If broadband is subject to new federal and state telecommunications fees, consumers could end up paying a total of as much as $11 billion a year more, said Hal Singer, a senior fellow at the Progressive Policy Institute, a centrist Washington think tank. 'As soon as the joint federal-state board moves forward, states are free to do what they want,' said Singer." *THE IRAN DEAL*: In an op-ed for "The Hill" [ http://thehill.com/blogs/pundits-blog/international/237941-the-iran-deal-and-collective-security ], PPI President Will Marshall argues for President Obama's critics to keep in mind the broader context of collective security as they react to the framework agreement with Tehran. "If it holds, the deal will indeed be a major foreign policy accomplishment for a president who badly needs one. But equally, if not more important, it could breathe new life into collective security," Marshall writes. "This isn't Obama's deal; it's pretty much the world's deal. If Congress scuttles the agreement, it won't just be a rebuke to Obama - it will be a slap in the face of our partners who have kept faith with a punitive regime of global sanctions and worked with us to quarantine Iran." *KEEPING THE WHITE HOUSE*: PPI Senior Fellow Ray Smith takes a look back [ http://thehill.com/blogs/pundits-blog/presidential-campaign/238812-is-it-that-hard-for-a-party-to-hold-the-white-house ] at the long runs of single party dominance of the White House to give Democrats hope of keeping the executive for a third term in 2016. "Going into 2016, Democrats seem to face a daunting challenge in holding the presidency for a third consecutive term," Smith writes. "Indeed, this feat has only been accomplished once since 1950, when George H.W. Bush succeeded the highly popular Ronald Reagan in 1988. However, a closer look at the historical record may give Democrats more reason for hope." ===== Connect with PPI on social media Facebook: https://www.facebook.com/progressivepolicyinstitute Twitter: https://www.twitter.com/PPI Progressive Policy Institute · 1200 New Hampshire Ave. NW, Suite 575 · Washington, DC 20036 You're receiving this email because of your interest in the Progressive Policy Institute. Not interested anymore? Unsubscribe Instantly: http://salsa.wiredforchange.com/o/5940/p/salsa/supporter/unsubscribe/public/[email protected]&email_blast_KEY=179466