From Town Criers to Bloggers: How Will Journalism Survive the Internet Age?
I have read recently of a suggestion from the FTC/FCC to create five possible new taxes to pay for a “Citizenship Media Fund.” Those include a $4 billion tax on consumer electronics like your TV or iPod; a $5-6 billion advertising tax; and a tax on both ISP and cell phone bills. As I understand it, these would fund a journalism industry "bailout" and also a fund to support future payments to media industries, whether in print or digital media. As a taxpayer already suffering from the economic crisis and as a parent worried about the effects that my children will have to deal with as a result of our government's exorbitant spending over the last 12 years, let me say clearly that I vehemently oppose the creation of more taxes along the lines of those suggested in the 47-page report, “Potential Policy Recommendations to Support the Reinvention of Journalism." I am also opposed to the creation of another government "subsidy program" which would function as a "life-support system" for private media outlets and groups which cannot support themselves. In the business world, if a business cannot make ends meet, it simply fails. I am against using taxpayers' monies to keep failing businesses afloat, ESPECIALLY media related industries. Let them "re-invent" themselves, without government interference, and without our hard-earned money.