COMMENTARY: Airbnb – A Liberal Scheme to Not Pay Taxes?

What is Airbnb? Airbnb is an online marketplace that brings people and places directly together. It allows people to rent short-term lodging straight from the property owner with agreed upon amounts negotiated between them. Airbnb gets a percentage fee from both the renter and hosts. Founded in 2008, it has soared to heights unimaginable in that amount of time, reaching more than 2 million listings in 34,000 cities servicing more than 191 countries. Wow!

Airbnb is headquartered in San Francisco and is privately owned. The unique venture has skyrocketed to a value of more than $30 Billion. That gives the company a whole lot of weight when it comes time to win friends and influence people in government who might be a threat to your new kingdom.

What’s wrong with people coming together in an online marketplace? Nothing, unless you are part of the traditional hotel and tourist industry and…



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