A return to minority tax certificates?
September 11, 2006
According to Inside radio, plenty of speakers at a field hearing on ownership rules decried the lack of minority ownership – and the presumed shutting-out of some important points of view. Veteran producer and Maya Cinemas CEO Moctesuma Esparza made an eloquent plea for the return of tax certificates to encourage sellers to deal with minorities. He says assimilated U.S. Hispanics like himself “are invisible on television” and a change in ownership might help that. Congress killed off a previous minority tax certificate program in the mid-1990s.