From the National Newspaper Association
Joining other publishers to fight back against advertising tax proposals and new competitive threats from the U.S. Postal Service should be at the top of the new year’s priorities, said National Newspaper Association President Robert M. Williams, Jr. publisher of the Blackshear (GA) Times.
As the 113th Congress heads to the polls in a divided nation, the temptation to find easy, but wrong, solutions grows, Williams said. He urged publishers to join NNA in Washington on March 13 to take community newspapers’ concerns to Congress.
Top on the concern list is a proposal by outgoing Sen. Max Baucus, D-MT, to increase federal taxes by limiting advertising expense deductibility.
“There is no federal sales tax on services. But by canceling out businesses’ ability to deduct their advertising costs as ordinary business expenses, Congress could cut the heart of the local economies just as much as if it were a direct levy,” Williams said.