LJSA tax credits would be a game changer for community newspapers

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The Local Journalism Sustainability Act carries the opportunity to significantly impact even the smallest communities across the United States. 

Three industry executives — Michael Gebhart, Matt McMillan and Leonard Woolsey — shared their thoughts this week with America’s Newspapers about the industry’s need for the temporary tax credit that the LJSA would offer.

Both the Senate and House versions of the Local Journalism Sustainability Act offer a series of three tax credits aimed at sustaining and providing a pathway to viability for the local journalism industry in the years to come, but the version that is in the budget reconciliation bill is a five-year credit for local newspapers to employ and adequately compensate journalists.

America's Newspapers asks members to thank their Congressional representatives for their support of this legislation.

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