Isn't this marvelous?
Americans are struggling to keep their jobs and pay their bills; the White House and a Democrat-controlled Congress want to impose a carbon cap-and-trade scheme along with universal healthcare, both destined to dramatically raise taxes from current levels, and; struggling newspapers in Washington state are getting a 40 percent reduction in business taxes!
I guess preserving liberal media is much more important than the best interest of citizens as reported by the Seattle Times Tuesday:
Gov. Chris Gregoire has approved a tax break for the state's troubled newspaper industry.
The new law gives newspaper printers and publishers a 40 percent cut in the state's main business tax. The discounted rate mirrors breaks given in years past to the Boeing Co. and the timber industry.
Exit question: when do average Americans who didn't borrow more money than they could afford to pay back get THEIR bailout in the form of a tax cut...hmmm?
Furthermore, why are tax cuts somehow wrong and un-American when Republicans suggest them for the citizenry, but just fine for struggling companies?'
I'm just asking.
Editor at Large
Comments Policy
So, libtards think cutting
May 13, 2009 - 09:28 ET by mattmSo, libtards think cutting taxes will help business, eh? I thought they didn't believe in the supply-side theory. They spent the last 25 years bashing "trickle-down" economics, yet here they are engaging in it (albeit for only a small pet segment of the economy). Hypocrisy much?
Pravda
May 13, 2009 - 09:28 ET by Willis_Leon_JohnsonTass/Pravda must be maintained.
It is too important to protect and serve the propaganda wing of the party.
http://gjresult.com
Most times tax breaks are meant to bring in new business..
May 13, 2009 - 09:31 ET by JTPAs in a manufacturer putting up a new building and buying new equipment with the promise of adding jobs to employ local workers. Sometimes tax breaks are given to prevent a business from moving to a more desirable, business friendly area. Never have I seen a charity case that rewards a losing business strictly to keep it alive. There must be another motive for this?
"Live for yourself...there's no one else more worth living for.
Begging hands and bleeding hearts will only cry out for more"- Rush--Anthem
Propaganda Maintenance
May 13, 2009 - 09:38 ET by MAS1916Under the guise of protecting jobs, Washington has formally entered the propaganda business. Liberals cannot afford to have their propaganda arm cut off.
Liberal economic policy is about to drive the country into bankruptcy, so the leftists need help to keep the masses in their place. Obama's economic policies will achieve double digit inflation (Obama's REAL middle class tax increase), double digit interest rates and double digit unemployment.
How do we know this? Jimmy Carter tried this once and achieved exactly these results. Obama has railroaded his disastrous policies through in his first few months. It will take another month or two for the real negative impacts to appear. At that point, liberals will need their newspapers to cover up the declines.
Obama and Jimmy Carter are very much alike. They will produce the same results.
For a list of similarities, you can hit:
http://firstconserva...
The train wreck is coming. Liberals need the newspapers to put lipstick on the 'pig.'
If you don't ask
May 13, 2009 - 09:40 ET by BlondeThey won't tell.
Well, they won't tell anyway. Absurd, really. I can see giving a tax break to Boeing & the timber industry in Washington state, but the fishwrapping industry?
I hope he fails, too.
Love how they threw in the
May 13, 2009 - 09:59 ET by taterLove how they threw in the Boeing and timber industries getting the same cuts.
I don't know about timber...but Boeing has unions and probably needed the tax cut in order to not go belly up like the auto industry. Timber was probably hurting due to the enviro wackos. So they are doing conservative ideas to counter act failed liberal policies.
It's pretty obvious why newspapers need it.
www.theholyrosary.org
"There is no problem, I tell you, no matter how difficult it is, that we can not resolve by the prayer of the Holy Rosary." -Sister Lucia
Not only that, but unlike
May 13, 2009 - 11:35 ET by fitzfongNot only that, but unlike the Washington State newspapers, Boeing and the timber industries answer market demand. Tax breaks to them enable these businesses to lower costs, meaning they can pass the savings on to their customers...who will, in turn, buy more of what they have to sell and create greater revenues to the State Treasury through more jobs at Boeing and the timber industry and increased company income to Boeing and the timber industry. Newspapers, on the other hand, are not growth industries. Their sales are declining not because of cost, but because of content. Even if tax breaks to newspapers enabled newspapers to pass the savings on to customers, it's very unlikely that the cost savings would enhance consumer demand...essentially the newspapers are a dog at any price. This "tax break" to newspapers that fail to meet consumer demand (and should therefore fail) amounts to taxpayer-funded corporate welfare...essentially theft.
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." -Winston Churchill
How Washington State Could Really Help Boeing
May 13, 2009 - 13:16 ET by Kingfish17If the state of Washington really wanted to help Boeing, they could find a judge somewhere who could trump up some charges and fine Airbus ONE TRILLION DOLLARS! European courts are imposing fines on American businesses. We need to get creative to cut our deficit.
"I've sentenced boys younger then you to the gas chamber. Didn't want to do it, but I felt I owed it to them." Judge Smails
How does slapping a de
May 13, 2009 - 15:09 ET by fitzfongHow does slapping a de facto tariff on Airbus cut our deficit? Airlines will only purchase Boeing aircraft if Boeing is competitive, not because Airbus is uncompetitive. If Boeing can't find a way to create consumer value, airlines won't be making a choice between Airbus and Boeing...they'll be making a choice between to purchase or not to purchase. That doesn't help cut the deficit. Reducing Boeing's income tax rate would save Boeing money, enabling Boeing to pass the savings on to its customers by way of price reductions (making Boeing's aircraft more market competitive) and/or to its employees by way of higher wages for existing employees or new opportunities for aspiring employees. That will lead to deficit reduction.
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." -Winston Churchill
Just being absurd
May 13, 2009 - 15:15 ET by Kingfish17I didn't think anyone would take the idea seriously.
But what is truly absurd is what's going on in Europe and the cavilier way they impose fines on succesful American companies.
"I've sentenced boys younger then you to the gas chamber. Didn't want to do it, but I felt I owed it to them." Judge Smails
Phew! Hadn't seen you
May 13, 2009 - 15:44 ET by fitzfongPhew! Hadn't seen you post before, so I wasn't sure if you were a populist or if you were being facetious.
But if you thought that was absurd, how about the Pomposity of Dope threatening to punitively double tax American companies who create some jobs overseas to maximize efficiency? It really is amateur hour.
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." -Winston Churchill
Tax breaks for the compliant, yellow journalism ONLY.
May 13, 2009 - 10:58 ET by upcountrywaterSelective mutism.
Bubble cars ,wind power , green buildings ,crap and take.
Take money from ALL sources, give back to those whom make you feel good in a green liberal sort of way.
When is China going to say hell no, to more paper?
Gold is 930 bucks an ounce now.
Reagan VS 0bama
Stop the presses!
May 13, 2009 - 11:06 ET by metaphorsbwithuCan you pay taxes without actually making any money?
The next stage will be to increase taxes on newspapers that do make profits and give tax "credits' to those that lose money. And we know which is which.
Watch!
metaphorsbwithu
the lunatics
May 13, 2009 - 11:18 ET by katainkentare running the asylum in my state. We were also forced to foot a HUGE bill for a waterfront tunnel that hasn't even had its feasibility studies done yet. (Anyone who is familiar with the geology of Seattle proper will understand how much of a problem digging a tunnel on the waterfront could become.) All because people in Seattle are high on the idea of having a waterfront view since the viaduct is going away.
So this does not shock me at all.
Wa State has some very aggressive business taxes. Boeing would have moved its plants out of here long ago were it not for them. There have been some "how about me?" rumblings for a couple years about that. Last winters union strike really hurt Boeing.
As for the logging industry - I didn't think they got that one to fly. I guess I was mistaken.
Meanwhile we're slashing teaching jobs and school programs left and right.
___________________________________________
Who controls the past controls the future. Who controls the present controls the past - George Orwell - 1984
So Typical!
May 13, 2009 - 12:39 ET by Tyler DurbinThe editorial board of this newspaper probably never saw a tax hike that they could oppose. As long as it’s the lowly citizens paying taxes – bring it on! Let the smug, liberal, elite have their subsidized jobs, and all is well with the world. The market should decide which media outlets fail or survive. The state has no compelling reason to promote one media organization over another.
In the pockets
May 13, 2009 - 14:54 ET by nkviking75If the papers in Washington understood their First Amendment role, they'd take a stand and refuse these tax cuts. They should be insulted. This is a clear signal that the MSM in Washington is firmly in the pockets of the politicians.
When you put the clowns in charge, don't be surprised when a circus breaks out.