Stop The Presses: 43 Per Cent Say Let Newspapers Go Out of Business

Yet, 37 per Cent of American voters want a government bailout of the newspaper industry.

Thirty-seven percent (37%) of Americans favor federal government subsidies to keep newspapers in business, according to a new Rasmussen Reports national telephone survey.

Forty-three percent (43%) say it’s better to let the papers go out of business, and 20% are not sure what to do.

Thirty-two percent (32%) of Americans believe some newspapers are too important to fail. Fifty percent (50%) reject this idea.

Fifty-one percent (51%) oppose a bill introduced in the U.S. Senate last week that would let newspapers become tax-exempt non-profit organizations as long as they don’t endorse political candidates. Thirty-three percent (33%) support the measure proposed by Democratic Senator Ben Cardin of Maryland.

But 53% agree with Cardin that losing the newspaper industry is “a real tragedy for communities across the nation and for our democracy,” while 31% disagree.

An interesting poll would be as to whom should the taxation fall to bail out the newspapers?

Want to bet it is the RICH?

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