Sunday's Academy Awards event showcased Hollywood's finest. Beautiful people in beautiful clothes saying lovely things about their industry -- a politically "progressive" business that gives nearly all of its political contributions to Democrats.
Democrats, of course, purport to believe that "the rich" do not pay their "fair share" in taxes. Democrats also believe in gender equality, that women should receive "equal pay" for "equal work."
Mogul Harvey Weinstein is rich, the kind of rich President Barack Obama refers to when he insists that "millionaires and billionaires" fail to pay their fair share in taxes. Weinstein, the producer of hit films like "Pulp Fiction," "Kill Bill" and "Rambo," clocks in with an estimated net worth of $150 million. He says he'd gladly pay more in taxes: "I'm happy to make an investment in America. I don't look at it as tax, evil! I say, OK, if I have to pay a little bit more, we'll get it back. ... But it's not like paying more, that you don't get it back. You get a better United States. ... I'm here to volunteer on the taxes."
Yet, Hollywood lobbies lawmakers to lower its own taxes. Pointing to a worrisome new study called "A Hollywood Exit," California lawmakers seek even larger tax credits and other incentives -- on top of the ones California already offers -- to halt so called "runaway productions." The Hollywood Reporter said, "The report lays out eight specific recommendations that it says can help stem the outflow of these jobs even in the face of 43 states and many foreign countries -- especially Canada -- offering tax incentives that often are greater and broader than the $100 million a year that California offers."
Thus, the increase in taxes that Weinstein is "happy" to pay is vastly exceeded by the increase in his bottom line, given the various tax breaks his industry lobbies for and receives.
On "gender equality," Obama in his last State of the Union speech, said, "Today, women make up about half our workforce. But they still make 77 cents for every dollar a man earns. That is wrong, and in 2014, it's an embarrassment. A woman deserves equal pay for equal work. She deserves to have a baby without sacrificing her job."
How does this apply to Hollywood?
Forbes compared the money paid to 2013's top 10 highest-paid male actors versus the top 10 highest-paid female performers. Not even close. The top 10 actresses made a total of $181 million. Their top 10 male counterparts made $465 million, which means the ladies made 39 percent of what the men raked in. "The top-earning actress, Angelina Jolie," wrote the Washington Examiner, "earned $33 million, roughly the same amount as the two lowest-ranked men."
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