Hidden tax credit for journalists of $50K in $3.5T bill

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The nearly 3,000 page socialist bill has a payoff to journalists and their publishers as if journalism isn’t corrupt enough.

This is government — the Democrat Party — corrupting and guaranteeing corruption  in perpetuity.

Democrats are going for full control.


The Details

  • Each quarter, any individual working for a local newspaper publisher is set to get a $12,500 tax credit. That’s $50,000 per year.
  • This is a refundable tax credit, meaning if the tax credit exceeds the publisher’s Medicare payroll taxes, the publisher will receive the difference in the form of a check from the IRS. Functionally this program works as a subsidy for publishers.

Sen. Ron Johnson (R-Wis.) rightly called out the Democrats’ ridiculous journalist tax credit program for exactly what it is. “Not only is this proposal a grotesque waste of taxpayer money,” said Mr. Johnson, “it would be a dangerous precedent of government collusion with the media.”

The IRS already has a history of wrongfully targeting conservative organizations. President Obama’s IRS was riddled with scandal as agents purposefully targeted conservative groups. It is not hard to imagine the corruption stemming from IRS bureaucrats pouring over a publisher’s material to see if they qualify for the Democrats’ lavish journalist tax break.


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Brett M Short
Brett M Short
8 months ago

Democrats are pathetically sick and totally corrupt.

GuvGeek
GuvGeek
8 months ago

It’s obvious that Democrats owe a lot of people favors and in Washington DC that means kick backs. The Federal Government is corrupt to the core and the only why to stop it is to curtail its taxing authority with a Repeal of the 16th Amendment. We need to go back to basics and limit total Government in America to 10% of GDP, except Social Security. Social Security needs to be phased out over the next 50 years. We need to be a manufacturing and saver Nation. Instead of a consumer and debtor Nation.

Skyfall
Skyfall
8 months ago

They work for the CPUSA/CCP anyway and consider themselves as better than everyone else for camping out at Marxist U. and inhaling the Jonestown egalitarian utopia Kool-Aid.
Either society lets these cretinous commie puke Long Marchers take us to the gates of hell or they are dealt with.

Tim Shep
Tim Shep
8 months ago

These bastards are destroying and corrupting this great country. Lady Liberty is shedding a tear.