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Wash. gov OKs tax cut for newspapers
 | Some of us are more equal than others ... |
OLYMPIA, Wash. -- 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.
| Except that Boeing and the timber industry provide useful jobs ... |
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.
| Why not just combine all the newspapers into one? We could name it 'Truth' and save a bundle on the government subsidies .. or not ... |
The Seattle Post-Intelligencer printed its final edition earlier this year and was converted to an Internet-only publication with a much-reduced staff.
| And it's doing so well in its new format ... |
Posted by: Steve White 2009-05-13 |
