U.S. bill seeks to rescue faltering buggy whip manufacturers

2009-03-25
WASHINGTON (Rooters) – With many U.S. buggy whip manufacturers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing buggy whip manufacturers to restructure as nonprofits with a variety of tax breaks.

“This may not be the optimal choice for some major buggy whip manufacturers but it should be an option for many buggy whip manufacturers that are struggling to stay afloat,” said Senator Benjamin Cardin.

A Cardin spokesman said the bill had yet to attract any co-sponsors, but had sparked plenty of interest within the buggy whip manufacturing community, which has seen plunging revenues and many whip maker layoffs.

Cardin’s buggy whip manufacturers Revitalization Act would allow buggy whip manufacturers to operate as nonprofits under the U.S. tax code.

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3 Comments

Filed under Local News, MSM, politics

3 responses to “U.S. bill seeks to rescue faltering buggy whip manufacturers

  1. S6

    Hope somebody shores up that faltering stagecoach industry to while they’re at it, otherwise those whips aren’t gonna do a lick of good.

  2. forest

    Here in central PA, buggy whips and hitching posts are more common than subscriptions to the NYT.

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