[Red Steel]

Hey why not since the New York Slimes et al perform beneficial propaganda for us Dems in Gooberment. Time to bailout and payoff.

[Doctor Raoul]

We need to claw back their profits for the last 25 years.

[bamahead]

Technically all businesses in the U.S. should operate tax free... BUT - this act is really nothing more than subsidizing a failed business model and a likely prelude for Gov't control over content. Next, they'll be bailing out the the RIAA.



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[a fool in paradise]

I thought it was patriotic to pay your taxes, according to Uncle Joe Biden.

Then again, when have American newspapers been patriotic since FDR died?

[ari-freedom]

maybe we should also give tax exempt status to horse and buggies or companies that make rotary phones.

[Oldeconomybuyer]

Beware the media/political complex. /ike

[Mojave]

Every website in the country should call themselves an online “newspaper.”

[reaganaut1]

As many Freepers pointed out, since newspapers are losing money, they are not paying corporate income taxes anyway. I guess the benefit to them of being “nonprofit” would be that “philanthropists” would get tax deductions for “donations” to the newspapers. I use quotes because buying a newspaper would be an inexpensive way to gain influence over politicians. I bet this explains why Mexican billionaire Carlos Slim has invested in the New York Times.

[Paladin2]

Talk Radio too. Let Rush make money tax free! Exempt his Fla compound from real estate taxes. LOL

[expatpat]

Tax exemption doesn’t help if you don’t make a profit...

[concerned about politics]

CHICAGO Newspapers perform a public service for democracy

News papers these days serve as propaganda arms for the socialist/communist. They ought to be illegal rather than rewarded. But, being they're not, we should just let them die off by themselves for the sake of our Republic.

[FoxInSocks]

Newspapers should be taxed at 90 percent.

[jveritas]

The insanity of the left wing lunatics.

[Arrowhead1952]

Newspapers that accept non-profit status would not be allowed to endorse candidates, but they could cover political news just as they do now, . .

Yeah, I can see the Austin - Un American Ultra - Liberal Longhorn, Non - Statesman doing that. When hell freezes over.

[bigbob]

gag

[Raycpa]

If nonprofits are supposed to be politically neutral and not lobby does this mean the NYT would change there reporting?

[Mad_Tom_Rackham]

Here comes the bailout of the socialist propaganda mills.

[napscoordinator]

I am not opposed to this but I find it funny that suddenly it is a good idea to cut taxes...I wonder why this does not seem to be a good idea with everything...If Newspapers can recover due to a tax savings...wouldn’t everything???? I don’t get it.

[Reagan Man]

This is political humor, right?

If it isn’t, it should be.

[henkster]

501(c)(3) organizations are specifically banned from political activity. Of course, supporting the left is not “political.” /s/

[EGPWS]

I’m losing my shorts personally, perhaps I should incorporate and apply under a BVDw34jockey enactment for relief.