Tax ‘pandemic profiteering’ by tech companies to help fund public education

Dublin Core

Title

Tax ‘pandemic profiteering’ by tech companies to help fund public education

Subject

Tech company profits and education funding

Description

As the one year anniversary of the World Health Organization declaring a pandemic arrives, it is increasingly apparent that not everyone is having a hard time: Google, Apple, Facebook and Amazon earned US$38 billion in profits in the second quarter of 2020 alone. The Guardian reports that Amazon’s share price is up 62 per cent over the past year, and Apple’s 70 per cent.
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So when Canadian Heritage Minister Steven Guilbeault brings some concrete proposals forward to ensure big tech companies like Google and Facebook pay for news content created by Canadian news media organizations, how about considering how taxing tech companies could benefit our schools?

It’s important that education help to shape the “new normal” we emerge into, rather than be burdened with debt.

Creator

Trevor Norris

Source

https://theconversation.com/tax-pandemic-profiteering-by-tech-companies-to-help-fund-public-education-155705

Publisher

The Conversation

Date

11 Mar 2021

Contributor

Trevor Norris

Rights

Open Access via CC

Format

url

Language

English

Coverage

Canada

Citation

Trevor Norris, “Tax ‘pandemic profiteering’ by tech companies to help fund public education,” Teaching & Learning in COVID-19 times study, accessed November 15, 2024, https://omeka.cloud.unimelb.edu.au/teaching-and-learning-in-a-pandemic/items/show/118.