It is no secret that printed news sources have been struggling for years and are on their way out as cable and online news now take over the market. A new report from Rasmussen sheds a little light on the public's feelings regarding this reality and also points to the ridiculous measures being considered by our government.
The Federal Trade Commission (FTC) is considering several ways to help the struggling newspaper industry, but Americans strongly reject several proposed taxes to keep privately-owned newspapers going.You read that right. We are not dealing with mere hypothetical speculation here. Rather, the FTC has really been suggesting taxing consumer goods to subsidize a failing news medium. That is such a violation of constitutional and free market principles that it seems unthinkable that it could even be considered.
A new Rasmussen Reports national telephone survey finds that 84% oppose a three percent (3%) tax on monthly cell phone bills to help newspapers and traditional journalism.
Similarly, 76% oppose a proposed five percent tax on the purchase of consumer electronic items such as computers, iPads and Kindles to help support newspapers and traditional journalism. Seventy-four percent (74%) oppose the proposal to tax web sites like the Drudge Report to help the newspapers they draw their headlines from.
Each of these ideas was suggested for consideration in a recent FTC report. (my emphasis)
What's even more alarming is the rationale given by proponents.(continue reading here.)
Friday, June 11, 2010
Americans Agree: No Tax Money to Bailout Failing Newspapers
The Humble Libertarian: