Skip Nav
26 Brilliant Books You Should Read This Spring
The 29 Steamiest Movie Sex Scenes of All Time
Spotify's 35 Most Popular Prom Songs Through the Decades Will Make You Feel So Nostalgic

Newspaper Revitalization Act: Tax Breaks, No Endorsements

The Newspaper Revitalization Act would classify newspapers as nonprofits with educational purposes. That sounds about right — papers seem incapable of being profitable, but they do report a bunch of educational information. The bill could be what papers need to survive.

If the act passes, the nonprofit status would tax exempt advertising and subscription revenue. Participating newspapers would still report any type of news, but they couldn't run political endorsements.

So far the bill's sponsor, Senator Benjamin Cardin, hasn't found any cosponsors. Would you like to see your representative get on board?


Around The Web
Join The Conversation
beavis667 beavis667 8 years
Okay, hell is freezing over. Both Dave and I agree with Steph.
UnDave35 UnDave35 8 years
I agree with Steph. Well intentioned, but definitely in the wrong direction. If these newspapers can't find a way to stay afloat, then the world doesn't need to read what they have to offer.
hypnoticmix hypnoticmix 8 years
I'm not so crazy about this my self.
genesisrocks genesisrocks 8 years
I'm for it! Anything to save the papers
nancita nancita 8 years
This sounds promising. Actually I'm surprised no one thought of it before.
stephley stephley 8 years
Sounds like a well-intentioned step in the wrong direction.
SillyGirl SillyGirl 8 years
The Acts name sounds straight out of Atlas Shrugged
babaloo babaloo 8 years
A veiled newspaper bailout. Really? I don't think so. Not sure how fair it would be for small newspapers not to be taxed yet larger newspapers would still have bills due to the Uncle. Would that thwart competition? And who exactly would decide what is "educational". Is a comic educational? Maybe. Maybe not.
kscincotta kscincotta 8 years
I think this sounds like an interesting idea, but I'd need to know more about it before I could form an opinion. Glad to see that someone's thinking outside the box!
How Did Bob Harper Survive His Heart Attack?
Are Newspapers One of Your Recipe Sources?
Women of Color Wage Gap (Video)
Angry Internet Comments
Adidas Futurecraft 4D Sneaker
Should I Hire Someone to Do My Taxes?
Ways to Get Taxes Done
Common Tax Mistakes
JonBenet Ramsey Murder Case Information
Meghan McCain on Canceling Juniata College Speech to Go to Las Vegas

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Love
All the Latest From Ryan Reynolds