pow1000 Wrote: (11:34 AM)
I wonder if they tax the Hollywood croud that much, seems like they dont, since many 0bama donations come from these people.
Among the pork in the bill they just passed to keep the Bush Tax cuts for most of us:
Hollywood studios, where 75 percent of the filming is done in the United States, can continue to write off the first $15 million of their production costs, a break that has been around since 2004. The annual cost of this boon in 2013 is estimated to be $266 million.
The tax break for the entertainment industry was backed by corporate behemoths such as Disney and Time Warner