NY Bill Proposes Tax Credit for Open Source Developers

NewYorkCountryLawyer writes "Assemblymen Jonathan Bing and Micah Kellner, along with a number of co-sponsors, have introduced proposed legislation in New York State which would grant a tax credit to individuals acting as volunteers who develop open source programs. The idea of the credit is to ensure that volunteer developers, who could not otherwise deduct their expenses because they are not part of a 'business,' should nevertheless be able to receive a tax benefit for their contribution. The credit would be for 20% of the expenses incurred, up to $200. The preamble to the bill notes that the New York State Assembly itself currently uses 'Open Source programs such as Mozilla for email, Firefox for web browsing, and WebCal for electronic calendars,' and that these programs have led to significant cost savings to taxpayers. The preamble also cited a 2006 report authored by John Irons and Carl Malamud from the Center for American Progress detailing how Open Source software enhances a broader dissemination of knowledge and ideas."

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America

[MyLongNickName]

America has become a land of pigs willing to watch our nation crumble as long as the farmer keeps feeding us our slop. It is amazing how we don't care about trillions upon trillions of debt and not trillions in single-year deficits... as long as somehow, we are getting a share of the handouts. The sad part is that the slop we are receiving is not real... it is an illusion. It won't be long before we are bankrupt. And we have done it to ourselves.