Was TNR, at some point, making money hand over fist? Harper's never made money even back in print heyday. NYer did, then didn't, now does.
@ruth_franklin @sternbergh I think question is not making money or losing but losing how much money. $5 mill a year? 10 mill?
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@HeerJeet@ruth_franklin@sternbergh There are write-offs for losses, so some for-profits can be non-profit-like but w/o the c3 regulations. -
@ToryAnarchist@ruth_franklin@sternbergh My understanding is that at Hughes tax bracket he can write off fair amount of loss on TNR
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@HeerJeet@sternbergh clearly Hughes is interested in a "sustainable" model, which implies making money (or at least not losing it). -
@ruth_franklin@sternbergh Yeah, I think the goal is to not lose too much money. Which I understand. Bigger question is his vision of TNR - Show replies
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