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Yang Proposes Tax on Digital Ads in Swipe at Facebook, Google

  • Democrat plans to create cabinet-level secretary of technology
  • Industry group says plan would create more online paywalls
Andrew Yang
Andrew YangPhotographer: Daniel Acker/Bloomberg

Democratic presidential candidate Andrew Yang proposed a tax on digital ads that takes aim at the revenue models of companies such as Facebook Inc. and Alphabet Inc.’s Google.

Along with a proposal for a cabinet-level secretary of technology, the value-added tax was among a series of ideas for regulating privacy, antitrust issues and digital platforms’ impact on democracy released Thursday by the former tech entrepreneur.