Citizens of the State of Wisconsin, and neighboring states such as Illinois, Indiana and Iowa subscribes to the Milwaukee Journal Sentinel. It does not matter how big the crises are related and they are, they derive from the same underlying problem and most just want attention. Looking at what has happen in the world this year alone has made the newspaper industries more popular than ever before. Some citizens have stop subscribing because the news is just to devastating to read and then watch on television. Looking at the current policies and regulatory landscape it has been found that many of the existing FCC policies were created just to address the issues that where inherent by the state. Taxes reduce the output and raises prices, this alone might have an adverse effect on the consumer. Producers might be able to pass on the tax to the consumer if the demand of the good is inelastic and as the end results the tax many only have a marginal effect in reducing the demand and finial output of the amount of papers that would be delivered each day.
As a reminder recent studies show that the current history status of competing newspapers is but not excluding about 100 cities, despite the substantial efforts to protect the consumers from a
References: Colander, D. (2010). Economics (8th ed). New York, N.Y: McGraw-Hill.