FTC Advocates Anti-LRC Tax

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The gangland agency, according to the Washington Times, wants “a tax on websites like the Drudge Report, a must-read source for the news links of the day, so that the agency can redistribute the funds collected to various newspapers” and a “5 percent tax on consumer electronic devices such as iPads, Kindles and laptops that let consumers read the news could be used to encourage people to keep reading the dead-tree version of the news.”

7:35 pm on June 4, 2010