FTC Discusses Extra Taxes to Save JournalismAdded: Wednesday, June 9th, 2010
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The Federal Trade Commission (FTC) considers some alternative sources of revenue for government to create in order to save their outdated business models and help the reinvention of newspapers.
Like health care, banking and auto industry, the government now considers the option of nationalizing the news too. FTC scares that newspapers’ business models are not up-to-date anymore and now brings a draft discussion called Potential Policy Recommendations. The plan points to some new sources of revenue available that the government can use to prop them up.
However, it claims the recommendations do not only target newspapers. Instead, it explains that the perspective of newspapers is used to exemplify the problem journalism faces as a whole, although many of them cut across various news media sources, like broadcast television and radio. The researched revealed that newspapers usually offer the largest amount of original news to the readers. That’s why FTC included online news sites that are run by an online-only news platform or an existing newspaper into the term “newspapers”. It also admits that the other sources are also very important, and are equal on the issue of the proposals for action.
Nevertheless, the current market situation only indicates the fact that the consumers are simply making their choices, where the FTC tries to interfere. It is most likely worried about the recession of old liberal newspapers, but this only happens because readers find their news and information somewhere else. But the FTC doesn’t seem to care about it, developing another way to sustain journalism. And it is a tax increase, of course, - again, for saving outdated business, like many times before, with RIAA and MPAA.
The proposed new taxes include tax on consumer electronics, tax on broadcast advertising and the most important two – cell phone and ISP taxes. Moreover, the Federal Trade Commission calls for expanding the Copyright Act to protect newspapers.
All this idea can be quite lengthy, but still makes consumers wonder how it could be proposed. The big government seems to scare people now, but it will be much worse when people start paying $50 for unknown newspapers when buying a $1000 TV screen. And it’s hard to imagine what it would be when millions of people look at their Internet and mobile bills.
June 9th, 2010Posted by:
Wednesday, June 9th, 2010
|Fantastic another example of Obama's government takeover of the private sector. When will this "community organizer" stop? A man who has never worked in the private sector nor been a boss of anyone in his life. Is in charge of America. Truly frightening. 2 1/2 yrs to go. Or hopefully an impeachment sooner. Thanks for the read SaM.|
|so they want to tax americans to provide journalism for the rest of the world?|
i hope they know they cant tax other countries citizens.
|i remember seeing some newspapers in switzerland, alot of people were reading them every day. the papers are free, and advertisements pay for the papers.|
if iz can be done and is profitable in a little country like switzerland, why cant it work in the states? unless its because of so many fat lazy people that have internet now that wont go out and get a paper, or only watch the news? maybe they just cant read, i know they cant spell or use the correct words in sentences in the states.
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