
“Before we assume that the government crackdown on Airbnb comes from genuine concern about safety, we should consider some other, less benevolent motives. First, many state and local governments have turned to hotel taxes to pad their budgets. Travelers can pay a tax up to 17 percent of the cost of their hotel room. Second, and not surprisingly, many hotels staunchly oppose Airbnb. The threat is significant. Last year The Economist magazine stated that Airbnb could reduce hotel revenues as much as 10 percent. The American Hotel & Lodging Association spent over $1 million in lobbying last year, including a variety of attempts to legally disrupt or dismantle Airbnb’s business.”
http://www.independent.org/newsroom/article.asp?id=7438
Related posts:
Immense, Needless Human Misery Caused by Speculative Credit Bubbles
Could They Really Take Away Your Citizenship?
How to Be a Rogue Superpower: A Manual for the Twenty-First Century
What is an American? Forget the state and just be a child of the nation
ObamaCare Was Sold To American Voters On Deceptive Terms
Top Terrorism Experts Say that Mass Spying Doesn’t Work to Prevent Terrorism
Behind the Bitcoin Surge: A Financial Futurist’s Perspective
Keep Families Together: An Anarchist Christmas Message
Economic Darwinism and the Next Financial Crisis
Better “Safe Haven” – Switzerland or Canada?
Don’t Call the Cops If You’re Autistic, Deaf, Mentally Ill, Disabled or Old
Bill Bonner: The war on the young
The Panthers Were Right and Reagan Was Wrong on Gun Control
5 Horrifying Truths About Being a Medical Doctor
Will Grigg: "Damned from Memory": When the Drug War Turns on its Own