Broadcasters warn of impact of eliminating ad tax deduction

07/19/2013 | Inside Radio (free content)

Broadcasters have begun lobbying Congress to maintain the ad tax deduction in any overhaul of the federal tax code. "Tinkering with the tax treatment for advertising will jeopardize the huge economic benefits to the U.S. economy derived from advertising and would harm local broadcasters," Paul Rotella, president of the New Jersey Broadcasters Association, wrote to Sen. Robert Menendez, D-N.J.

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