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Stock impact report

'Trojan Horse For Partisan Media': Seattle Mayoral Frontrunner Wants To Force Taxpayers To Subsidize Biased News Outlets [zero hedge]

Waterdrop Inc. American Depositary Shares (each representing the right to receive 10 Class A Ordinary Shares) (WDH) 
Company Research Source: zero hedge
'Trojan Horse For Partisan Media': Seattle Mayoral Frontrunner Wants To Force Taxpayers To Subsidize Biased News Outlets With left-leaning news outlets in serious decline thanks to a decade of TDS-fueled propaganda, Seattle Mayoral frontrunner Katie Wilson wants to use taxpayer money to fund vouchers that can be used for "local news outlets" of choice. The plan to pass out the $100 vouchers would be funded through "a small property tax levy, a capital gains tax, or a digital ad tax," journalist Jason Rantz reports . In a recent interview on the Mostly Economics podcast, Wilson framed her proposal as a response to what she calls the “crisis in the journalism industry.” She lamented that “we do not have a sustainable financial model for supporting local news outlets” and suggested that taxpayers pick up the tab through “a small property tax levy, a capital gains tax, or a digital ad tax.” On The Jason Rantz Show on Seattle Red 770 AM, she admitted that it’s not necessarily a fully devel Show less Read more
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