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Keyword: msmtaxcredits

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  • Democrats’ push for $50,000-per-year journalist tax credit sparks GOP ‘media collusion’ accusations

    09/23/2021 8:33:01 PM PDT · by blueplum · 31 replies
    Washington Times ^ | 23 September 2021 | Haris Alic - The Washington Times
    Democratic efforts to include a special $50,000-per-year journalist tax break within President Biden’s $3.5 trillion spending package have sparked accusations of “media collusion.” Sen. Ron Johnson argued the tax credit would create an improper relationship between the federal government and the nation’s leading media outlets.... ...The tax credit would allow “local news” outlets to receive a quarterly tax credit, “equal to 50%” of a journalist’s wages up to a cap of $12,500-per-quarter....