Banking and Telecoms pay their lobbying tax and their old-media advertising tax. Its a pretty simple protection racket they grew up with. FAANG thought they'd b

Banking and Telecoms pay their lobbying tax and their old-media advertising tax. Its a pretty simple protection racket they grew up with. FAANG thought they'd be allowed to operate without it. They're not. As soon as they pump some money into both parties and buy some ads they'll be fine.