Tax Question

Posted By on August 20, 2004 at 10:57 am

At what point do the New York Times’ operating expenses stop being legitimate tax deductions, and start being listed as non-deductible campaign contributions for Kerry?
Wait… I thought it was illegal for for-profit corporations to make campaign contributions. No?
I guess at the rate the Times has gone the last few years, they’ll be non-profit soon enough.

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