November 12, 2013
The proposal appears not to envision the complete elimination of the deduction. But not by much. As described by AdWeek, Camp’s proposal calls for only 50% of ad expenses to be deductible during the first year, with the remainder of the expense to be amortized over the ensuing decade. (Exactly how this makes any economic sense is not at all clear.) Such a move would obviously have a harsh effect on advertisers and a trickle-down effect on others, including broadcasters, who might suffer if a change in tax policy discourages advertising.
Get the Media Source Newsletter on your smartphone or tablet now!
FCC Chairman Ajit Pai revealed there are some members of the federal government who believe 5G deployments...Posted on June 13, 2019
The whistleblower website Project Veritas is reporting the social media website Pinterest has been banning Bible verses and...Posted on June 12, 2019
FCC media ownership deregulation took its latest trip to Philadelphia Tuesday (June 11)...Posted on June 12, 2019
Proclaiming Justice to the Nations President Laurie Cardoza-Moore – who is also the producer of Focus on Israel...Posted on June 12, 2019