Taxing issues for local newspaper publishing
Dean Ridings
Thursday, May 16, 2024
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The state of New York, led by a powerful coalition of local publishers, has just approved game-changing legislation in the fight to preserve local news outlets and community journalism. By including a $90 million payroll tax credit for hiring and retaining local journalists in the state’s 2025 budget, New York has become the nation’s first to take such a major step to protect this vital industry.