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.
...
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 May 2, 2024, https://omeka.cloud.unimelb.edu.au/teaching-and-learning-in-a-pandemic/items/show/118.