Tax Bites Media
January 14, 2011 - by
How many times have you read stories in the media along these lines: “Tax reform is difficult because special-interest groups always complain when their tax loopholes are threatened”?
Then you’ll enjoy the following email from Randall Gregg of The Raleigh Telegram, president of the Triangle Press Club:
IMPORTANT NOTICE:
NC Tax Being Proposed On Advertising
Dear Friends In The Media:
I usually do not write this type of political appeal in our newsletters, but I feel that many of you may not be aware of a proposal that could adversely affect your business and the ability of news outlets to survive in North Carolina
In the past, I had heard reports about a proposed tax on services in North Carolina
However, this afternoon, I just spoke with a registered lobbyist who is meeting with members of the NC Legislature this week about a proposed tax on services in North Carolina
I don’t have to tell you how hard it has been to sell advertising during this recession. A tax on newspaper, television, radio, and Internet advertising could mean the difference between surviving this economy and closing your doors.
In my opinion, a service tax on advertising could be far-reaching as it could be raised to the point that it has a chilling effect on free speech and news coverage as news entities try to survive on the barest of incomes already. We don’t need more obstacles to providing a service to the public.
Further, any new regulation, tax collection, and paperwork means there will be additional costs that your company will have to bear in order to comply with such a tax.
I URGE YOU TO PLEASE CALL your local NC Representative and/or Senator today to voice your opposition to this proposed tax on services, especially on advertising.
Thank you for your time and please take this proposal to tax NC media outlets seriously in that it may actually pass the legislature and cause more job losses in our industry.
Tax Bites Media
January 14, 2011/
How many times have you read stories in the media along these lines: “Tax reform is difficult because special-interest groups always complain when their tax loopholes are threatened”?
Then you’ll enjoy the following email from Randall Gregg of The Raleigh Telegram, president of the Triangle Press Club:
IMPORTANT NOTICE:
NC Tax Being Proposed On Advertising
Dear Friends In The Media:
I usually do not write this type of political appeal in our newsletters, but I feel that many of you may not be aware of a proposal that could adversely affect your business and the ability of news outlets to survive in North Carolina
In the past, I had heard reports about a proposed tax on services in North Carolina
However, this afternoon, I just spoke with a registered lobbyist who is meeting with members of the NC Legislature this week about a proposed tax on services in North Carolina
I don’t have to tell you how hard it has been to sell advertising during this recession. A tax on newspaper, television, radio, and Internet advertising could mean the difference between surviving this economy and closing your doors.
In my opinion, a service tax on advertising could be far-reaching as it could be raised to the point that it has a chilling effect on free speech and news coverage as news entities try to survive on the barest of incomes already. We don’t need more obstacles to providing a service to the public.
Further, any new regulation, tax collection, and paperwork means there will be additional costs that your company will have to bear in order to comply with such a tax.
I URGE YOU TO PLEASE CALL your local NC Representative and/or Senator today to voice your opposition to this proposed tax on services, especially on advertising.
Thank you for your time and please take this proposal to tax NC media outlets seriously in that it may actually pass the legislature and cause more job losses in our industry.