Thursday, February 19, 2009

Newspaper publishers seek tax cut

Newspaper publishers implored lawmakers on Wednesday to give them a temporary break on (Washington) state's main business tax, saying that some of the state's papers are "holding on by our fingertips."

Seattle Times publisher Frank Blethen and Scott Campbell, publisher of The Columbian in Vancouver, told the Senate Ways and Means Committee they need help during tumultuous times in the industry.

Under the proposed measure, the business and occupation tax on newspapers would be cut by 40 percent through 2015.

Blethen said a state tax break wouldn't fix all that ails newspapers, but it would help them preserve jobs.

}}} full story {{{

No comments: