Wednesday, May 13, 2009

Washington papers paid dearly for tax cut

Newspapers sacrificed their moral authority and compromised their credibility in exchange for the gift of a token tax break from the governor and legislature in Washington State.While the 40% tax reduction in the state’s main business signed into law on Tuesday sounds impressive, it will save the jobs of perhaps 15 reporters across all of the state’s ailing newspapers.This calculation is based on

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