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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."

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  1. Re:Isn't that libertarianism? by Grishnakh · · Score: 0, Troll

    the deliberate understaffing of the SEC as seen as an unnecessary vehicle

    I'm not sure how much the size of the SEC mattered, when they were all sitting in their offices looking at porn all day.