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New York lawmakers proposed tax credits to aid local news

NOVEMBER 29, 2021 | by Nick Reisman | SPECTRUM NEWS (NEW YORK)

By Nick Reisman, includes “Local news organizations would be eligible for business tax credits to hire journalists, and subscribers would be eligible for a personal income tax credit under legislation proposed Wednesday by two New York state lawmakers. … The tax credits would apply to local newspapers and digital publications in order to bolster subscriptions and hiring.”

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