[LMB] Thor Power Tools, yet again (was: Tax law and the publishing industry)
Ed Burkhead
edburkhead at insightbb.com
Sun Dec 2 21:15:59 GMT 2007
Scott wrote:
> That's about it, yes. Go read
> http://www.sfwa.org/bulletin/articles/thor.htm - it's got a good
> write-up of the whole thing.
That IS a good write-up. It explains well the accounting/tax reasons for
the change in publisher behavior.
And the conclusion section at the bottom does go along with the point of the
discussion. Personally, I think books are a special commodity and I would
vote for giving publishers back the special tax advantages they were
claiming before Thor.
Will Print On Demand and e-books allow writers and publishers to make more
money with less strain yet allow support of more speculative books (i.e. new
writers, experimental and unusual styles, etc.)?
Ed
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