2min chapter

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The Growing U.S.-China Divide, Senate's Journalism Bill is DOA, and Congressman Ro Khanna

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CHAPTER

Taxing the Less Successful Media Companies to Subsidize Theirs

Rupert Murdoch played perfectly to basically put a tax on more successful media companies to subsidize his. It would kind of be like forcing taxing Tesla and then taking those subsidies and shifting them to traditional Detroit automobile companies. And the difference here is that the less successful play a really important role in our society. I think what they should do, and I don't know if you can target these new media companies, I do think they should be paying their fair share taxes, which they don't.

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