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Re: Maine broadcasters get tax break



In a message dated 4/25/02 2:45:57 PM Eastern Daylight Time, 
wollman@lcs.mit.edu writes:

<< In most places, non-profit corporations are exempt from sales taxes in
 the first place, so it would make no difference whether they could
 claim a credit for it on the income taxes that they are also exempt
 from. >>

There is also a significant difference between the value of a tax deduction, 
which only reduces your tax if you owe tax, and an outright tax exemption 
which is the case with this bill.

-- Dan Billings, Bowdoinham, Maine