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Topic: advertising tax deduction

Tax Reform Lawmaker Dave Camp Won't Seek Re-Election But that doesn't mean limits to ad deduction is dead

Rep. Dave Camp (R-Mich.), chairman of the House ways and means committee and the lawmaker pushing tax reform, won't seek re-election, putting one of the most powerful positions in Congress…

March 31, 2014, 7:07 PM EDT

Limit to Ad Tax Deduction Is in Rep. Camp's Tax Reform Package Provision has small concession for small advertisers

Rep. Dave Camp (R-Mich.), the outgoing chairman of the House Ways and Means Committee, unveiled his tax reform package Wednesday, and the bad news for the advertising and media industries…

February 26, 2014, 2:29 PM EST

Sen. Baucus Goes After Advertising in Tax Reform Draft Senate proposal only slightly less disastrous than House's

For the first time, proposals to limit the ad tax deduction are being pushed by the two chairmen of the tax writing comittees in both the House and the Senate. Advertising…

November 21, 2013, 3:59 PM EST

Advertising Biz Stunned by Draft Proposal to Cut Ad Deduction Ramifications for all media, but particularly struggling newspapers

Just as advertisers and media execs feared, Rep. Dave Camp (R-Mich.), chairman of the House Ways and Means committee, is proposing watering down the advertising tax deduction. Multiple sources have…

November 8, 2013, 9:49 AM EST

Uh, Oh: Advertising Tax Deduction Is Back in Play Ad industry lobby groups kick into action to beat it back again

While the industry was celebrating Advertising Week in New York, 250 miles south in the nation's capitol, Congress was mulling its perennial plot to remove the standard tax deduction for…

September 26, 2013, 10:15 AM EDT

Ad Biz Readies Fight Against State Ad Taxes New levies could scare off marketers, hurting local media outlets

New taxes on advertising haven't yet been proposed in Congress, but that hasn't stopped financially strapped states from considering them. Governors John Kasich (R-Ohio) and Mark Dayton (D-Minn.) have both…

February 8, 2013, 11:23 AM EST