Doug Spong, president of Minneapolis ad
agency Carmichael Lynch, isn't sugarcoating the effect a
tax on advertising would have. It "would absolutely devastate our
industry," Mr. Spong told the Minnesota House of Representatives' Taxes
Committee on Feb. 28. "It would handicap all Minnesota agencies," he
said, because they would have to raise their fees to cover the tax.
Mr. Spong is part of a broad coalition that is wasting no time trying to derail budget proposals by Minnesota and Ohio that would tax advertising sales. And it looks like his efforts may have already paid off. Gov. Mark Dayton said he's rethinking his business-to-business tax and it won't be part of the budget he releases this week.
Mr. Spong is part of a broad coalition that is wasting no time trying to derail budget proposals by Minnesota and Ohio that would tax advertising sales. And it looks like his efforts may have already paid off. Gov. Mark Dayton said he's rethinking his business-to-business tax and it won't be part of the budget he releases this week.
