FTC Staff Discuss a Tax on Electronics To Support the News Business

dptalia links to this piece describing a staff discussion draft from the Federal Trade Commission, writing "The FTC is concerned about the death of the 'news.' Specifically newspapers. Rather than look to how old media models can be adapted to the Internet, they instead suggest taxing consumer electronics to support a huge newspaper bailout. Additionally, they suggest making facts 'proprietary' and allowing news organizations to copyright them." Note, though, "The good news in all this is that the FTC's bureaucrats try hard to recommend little. They just discuss. And much of what the agency staff ponders are political impossibilities."

Comments

Let them Die

[airwedge1]

Why are we always so concerned with keeping companies in business. We didn't try to artificially keep wagon wheel business alive when cars were invented. This is absurd, if a company can no longer sell something, sell something else, or die off.

Bail Me Out Please

[whisper_jeff]

I am utterly blown away at hoe often the government is willing to step in and save failing business models. Car companies refusing to evolve, media companies failing to evolve, and more. Last time I checked, we live in a capitalist society where companies that succeed, in one way or another, are rewarded and companies that fail, for whatever reason, are supposed to go out of business. I can understand and be empathetic towards companies that have their business destroyed because of the actions of another, such as fishermen having their livelihoods wiped out because of BP's oil leak. Those businesses deserve some intervention to help them get through the rough time that is no fault of their own. Companies that fail to innovate, however, and end up watching their balance sheets shift more and more downwards? Nah. Sorry. You tried and failed. You don't have a right to be in business, just because. You have to work hard and succeed, just like the rest of us.

Failing businesses should be allowed to fail. Someone will figure out a successful business model and will fill the void or a market that no longer needs to exist (hello buggy whips) will fade into the history books.

Stop. Just... stop.

[aztektum]

Dear Washington,

You're doing it wrong.

Thanks,
Everyone

Seriously what the hell? Stop giving our money to greedy corporations. Want us to buy a house? Spend more on crap? Buy new cars? HOW CAN WE DO THAT WHEN YOU KEEP TAKING OUR $?

OH wait. You'll just take it and give it to corps for free.

Now, I am not a tax hater. I am fine with taxes for things like emergency services, libraries, roads, schools. The difference is those services provide for the public good. Forcing me to hand money over to your buddies at the "too big to fails" is bullshit. You crooked fucks.

Want to save the news business?

[blair1q]

Put a tax on lying.