Yep, which is basically worse that what the failed SOPA brought to the table. It's basically it on steroids, no question about it. It's pretty much a guarantee that the copyright cartel are going to be on a mission to get these type of laws implemented globally, and they might get their wish since most politicians don't even know what the Internet is!

Also, the tax link is so dumb that now bloggers and smaller news sites (like Techdirt and Boing Boing) are going to be shut down because they can't risk it in terms of liability.

In addition, this will make the tech giants, the so called GAFAMS even more powerful because they can afford to fight this. Most of the smaller ones can't.