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Re: Maine broadcasters get tax break
> --- Dib9@aol.com wrote:
> > The Maine Legislature today overrid the Governor's
> > veto of a bill that will
> > allow exemptions from the 5 percent sales tax on
> > equipment purchased by Maine
> > broadcasters to produce radio and television
> > signals.
>
> > The argument for the exemption is that purchases of
> > manufacturing equipment,
> > including newspaper printing presses, are exempt
> > from the state sales tax and
> > that television stations are under a mandate to
> > convert to HDTV. On the
> > other hand, most of the businesses that will benefit
> > from this tax break are
> > large, public corporations headquartered out of
> > state. The money saved from
> > the tax break will go from Maine state coffers to
> > the corporate executives
> > and shareholders.
>
> > -- Dan Billings, Bowdoinham, Maine
How are they licensed? I would think that if they are a non-profit
educational foundation much like WGBH then that would have been a better
argument to make than just saving taxpayers a few cents on the dollar.
df