> I don't think Hungary will return to pre-industrial times because of an Internet tax.
It will not return but they'll be stuck there. This will have a chilling effect on the economy, and about all new jobs enabled by the internet? no new job will be created, they'll go to other countries without imposed tax barriers.
Nonsense. There are hundreds of direct and indirect taxes in any modern economy. A 175 million euro tax is one of the least important ones for the economy.
Income taxes, capital gains taxes, corporate profit taxes etc. are much more important, even to most Internet companies, than the proposed Internet tax because they are much bigger.
It will not return but they'll be stuck there. This will have a chilling effect on the economy, and about all new jobs enabled by the internet? no new job will be created, they'll go to other countries without imposed tax barriers.