Offers that newspapers must refuse


Kevin O’Brien

Newspaper SC

Sen. Benjamin Cardin, a Maryland Democrat, hates to see what’s happening to

America’s newspapers. So do I. My livelihood depends on one.

Cardin has introduced a bill in the Senate that would allow newspapers to change

from profit-making entities to nonprofits. Income from advertising and circulation

would be tax-exempt and papers could accept donations that would be tax-deductible

for the donors.

Newspapers would become charities.

John Sturm, president and chief executive officer of the Newspaper Association of

America, told the Associated Press that Cardin “recognizes changes in the law might

be necessary to provide a boost to newspapers trying to weather this difficult

economic period.”

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