Washington State Approves 40% Tax Cuts for Newspapers

Posted
By: E&P Staff Last week several people concerned about newspapers testified before Congress about the survival of the industry. In Washington state, the legislature decided to take action.

A brief story filed in The Seattle Times reported
that Washington Governor Chris Gregoire has approved tax cuts for the newspaper industry. Under the new law, publishers and printers get a 40% cut in the state's main business tax.

Washington state has done this before with other industries. It enacted a similar law providing tax relief to the aerospace and timber industries.

Comments

No comments on this item Please log in to comment by clicking here