The US used to forbid prescription drug advertising. That seemed to work.
Ads for liquor, marijuana, and gambling are prohibited in many jurisdictions.
The FCC once limited the number of minutes of ads per hour on the public airwaves. That limit was below 10% of air time in the 1960s.
The SEC used to limit ads for financial products to dull "tombstone" ads, which appeared mostly in the Wall Street Journal.
A useful restriction might be to make advertising non tax deductible as a business expense. That encourages putting value into cost of goods sold rather than marketing.
It would be very unpopular with the people I’d imagine.
The total amount of consumer products that can be sold is bounded by consumer income. Advertising mostly moves demand around; it doesn't create more demand, at least not in the US where most consumers are spent out.
Think of taxing advertising as multilateral disarmament. Advertising is an overhead cost imposed on consumers. If everybody spends less on advertising, products get cheaper. Tax policy should thus disfavor zero-sum activity.
it was just a gimmick in the end. yeah the city is cleaner, but i doubt there's even the slightest difference in sports betting in sao paulo vs places with outdoors, for example.
...and did the us forbid prescription drugs ads? thats literally all i see on daytime tv.
> Yeah the city is cleaner..
Cool. So it has positive effects on the city, without any negative effects on economic outcomes.
Cool. I'm in. Let's implement it everywhere
Also this would be hard to implement. Tax law has a hard time discriminating costs. What if all the marketing is done by an Irish subsidiary?
yeah you can make the city pretier or get less banners on your sites, whatever. advertising will still happen.
Don't discount the opportunity that "advertising" presents to smuggle in a bunch of expenses that are either zero or negative on ROI.