> the problem they are trying to solve is actually a "social good" outcome, and therefore directly tax the platforms and then redistribute the revenue to a fund created by government for news journalism themselves

This generalizes to copyright and patent IP in general; we want to encourage the creation of valuable art, inventions, and other cultural artifacts, but instead of rewarding their production in a more direct manner we instead imposed a huge restriction on the behavior of all people when interacting with media or technology in order to carve out a reward for the creator. And now this law once again restricts the freedom of others to use or share information in order to carve out a reward by way of exception to those restrictions. Creating rewards by removing freedoms from the majority of people is extremely backwards.