One way Greece hopes to extricate itself from its economic crisis? Tax its news websites.
In pension reform law due to be voted upon by parliament next Thursday, the government has proposed raising a 21.5 percent levy on news portals’ online advertising income. The money would go in to an existing journalists’ pension fund.
Is that counterintuitive logic? After all, news websites depend on selling web ads to keep those journalists in jobs.
The Internet Advertising Bureau (IAB Europe) is up in arms, saying advertisers would merely switch their money away…