A Deserved Break for Whalers (washingtonpost.com)

A Deserved Break for Whalers (washingtonpost.com): "A Deserved Break for Whalers
Thursday, October 14, 2004; Page A30
The Oct. 7 Business article 'Conferees Agree on Corporate Tax Bill' said that the '[f]inancial backers of native Alaskan whalers . . . would be able to claim their contributions as a charitable tax deduction.' This statement is untrue.
The provision provides a deduction of up to $10,000 for whaling captains -- not their 'financial backers.' The captains need this because they have no 'financial backers.' As tribal leaders, they are the sole financial backers of their own subsistence whaling activities in the Arctic North Slope. "