« The Politics of Debt | Main | "If you drive a car, I'll tax the street ..." »

And So It Begins...

About 2 months after the "tax exemption" idea for the flailing print media industry was proposed by Senator Benjamin Gardin (D-MD), Washington Governor Chris Gregoire has approved a tax break for her state's newspapers.

From The Seattle Times:

Gov. Chris Gregoire has approved a tax break for the state's troubled newspaper industry.

The new law gives newspaper printers and publishers a 40 percent cut in the state's main business tax. The discounted rate mirrors breaks given in years past to the Boeing Co. and the timber industry.

Newspapers across the country have resorted to layoffs and other cost-cutting moves to deal with a wounded business model and a recession-fueled drop in advertising.
The Seattle Post-Intelligencer printed its final edition earlier this year and was converted to an Internet-only publication with a much-reduced staff.

In addition to this, Senator John Kerry (D-Mess) held a hearing on May 6th to promote the very same tax breaks and "non-profit" status for the print media industry, no doubt fueled by his hometown newspaper, the Boston Globe, and it's horrific, self-inflicted financial troubles.

This is just a smaller, different version of a targeted "bailout". One which will help to preserve the survival of a liberal propaganda machine.

It's particularly ironic that Democrats who are so repulsed by tax-cuts for "big business" are so charitable when it comes to one industry which is so supportive of them.

Just how much further away are we from a full-scale financial bail-out of this transparently liberal biased institution, one which has carried the weight and water of democrats and their political allies for decades.

The "Fairness Doctrine" is right around the corner.


TrackBack

TrackBack URL for this entry:
/cgi-bin/mt-tb.cgi/35668.

Comments (15)

"Washington Governor Chris ... (Below threshold)

"Washington Governor Chris Gregoire has approved a tax break for his state's newspapers"

It's Christine Gregoire, actually -- "her newspapers".

Thanks Mike.Fixed.... (Below threshold)
Shawn:

Thanks Mike.

Fixed.

This is the most dangerous ... (Below threshold)

This is the most dangerous bailout of all. Democrats already have the media in submission. This problem will become markedly worse when the Dems gain financial control of the media.
http://www.rightklik.net/

They've already given one a... (Below threshold)
P. Bunyan:

They've already given one arm of their campaign staff, Acorn, a few billions, why not give a few billion more of our money to this other arm of the Democrat campain staff.

I love being forced to pay for my opponents political campaigns. I can see why Michelle is, for the first time in her adult life, proud to be an American.

Yes but don't they still ne... (Below threshold)
bill-tb:

Yes but don't they still need readers. Are they going to try and buy readers next?

bill-tb - "Yes but don'... (Below threshold)
marc:

bill-tb - "Yes but don't they still need readers. Are they going to try and buy readers next?"

If that's the case where do I sign-up?

The Seattle Post-Intelligencer, among others, will fit nicely in my bird cage and under my cat as she squats.

Newspapers. Newspapers.<br ... (Below threshold)
iwogisdead:

Newspapers. Newspapers.
Sorry, what are "newspapers?"

I can see tax cuts for busi... (Below threshold)
GarandFan:

I can see tax cuts for businesses that produce something of use. But newspapers? It goes from me, to the bird cage, to the trash.

So where are the libs squaw... (Below threshold)
Tim:

So where are the libs squawking about Corporate Welfare? Beuller? Bueller??

I'm sure this will futher s... (Below threshold)
ODA315:

I'm sure this will futher spur on the Times and PI to be even MORE non-partison.

"It's particularly ironic t... (Below threshold)
kawaika:

"It's particularly ironic that Democrats who are so repulsed by tax-cuts for "big business" are so charitable when it comes to one industry which is so supportive of them."

Ironic? As a certain Spaniard would say "You keep using that word. I do not think it means what you think it means."

Ya gotta wonder how many Wa... (Below threshold)
Mark L:

Ya gotta wonder how many Washington State businesses -- breweries, department stores, and dry cleaners -- are going to start a "newspaper" to reduce their business taxes 40%

Have to base the cut on newspaper sales? No prob -- free suit dry cleaned for every paper purchased at $5.95.

The next Tea Party needs to... (Below threshold)
TOhio:

The next Tea Party needs to be held in front of the media organization that is going to get a bailout. We can't let this happen without a fight!

Even if you're in favor of ... (Below threshold)
_Mike_:

Even if you're in favor of this (which I'm not), here's the danger...

If enacted, you now have news media that should fear losing their tax favored status if they anger the wrong politician. Thus, newspapers would have a disincentive for publicizing the wrong doings of politicians. Effectively, this increases government influence over the press. Bad idea in numerous ways.

Of course, now the governme... (Below threshold)
Mike G in Corvallis:

Of course, now the government has to determine which publications are "newspapers" and which ones aren't. Is the Seattle Weekly a newspaper? Is The Stranger?

And you can just bet that reporters and editors will think twice before they risk their "accreditation" by criticizing the politicians who give them their tax exemptions.

As I am fond of quoting, "Well sure, the government lies. And the newspapers lie. But in a democracy they aren't the same lies."




Advertisements









rightads.gif

beltwaybloggers.gif

insiderslogo.jpg

mba_blue.gif

Follow Wizbang

Follow Wizbang on FacebookFollow Wizbang on TwitterSubscribe to Wizbang feedWizbang Mobile

Contact

Send e-mail tips to us:

[email protected]

Fresh Links

Credits

Section Editor: Maggie Whitton

Editors: Jay Tea, Lorie Byrd, Kim Priestap, DJ Drummond, Michael Laprarie, Baron Von Ottomatic, Shawn Mallow, Rick, Dan Karipides, Michael Avitablile, Charlie Quidnunc, Steve Schippert

Emeritus: Paul, Mary Katherine Ham, Jim Addison, Alexander K. McClure, Cassy Fiano, Bill Jempty, John Stansbury, Rob Port

In Memorium: HughS

All original content copyright © 2003-2010 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark.

Powered by Movable Type Pro 4.361

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.

Author Login



Terms Of Service

DCMA Compliance Notice

Privacy Policy