@AC & @Lee
@AC,
"2) as per the CD and cassette tape, there should be MASSIVE, and retrospective compensation to the creative industries (film, music), from the digital businesses which have received money which would have gone on paying for content."
A "tape tax" is a blunt instrument and affects many innocent parties. The argument against it in the physical media space is that the small band that sells their own original material direct to the public finds themselves paying royalties to someone who has nothing to do with their purchase.
If you applied the same principle to internet connections, you end up with old Granny Johnstone, who has a computer to email the grandkids at college paying money to Fox because somewhere else someone else is downloading X-Men 2.
The result of a "download tax" is exactly the opposite to what you want: people cease to respect IP laws because they start to consider the tax as "I've already paid for it".
@Lee,
There's standard pricing across the industry. If the prices of material by the big names came down to the sort of level you seem to be expecting, it would squeeze all the little guys out, because while U2 could live on a hundredth of their current income, your average hopeful couldn't. Even many charting artists aren't that far off the breadline after they pay off their operating costs. And I doubt people would buy anything from an "unknown" at a hundred times the price of a known good artist. Bye-bye variety.