Fiscal Cliff Capitulation Includes Payoff to Hollywood
Hollyweird doesn’t back Obama to the hilt out of sheer moral depravity alone. Loyal support buys it a lucrative seat at the table:
Section 317 of the freshly approved [fiscal cliff] legislation includes an extension for “special expensing rules for certain film and television productions.” Congress first enacted production tax incentives favorable to the domestic entertainment industry in 2004, and extended them in 2008, but the deal was meant to expire in 2011.
The fiscal cliff deal extends the tax incentives through 2013 — even as payroll taxes rise on ordinary Americans.
Unlike the normal Americans who are getting bled dry, Tinseltown doesn’t need the money. Ticket sales for 2012 were projected to reach an all-time high of $10.8 billion. But then, the federal government is raking in far more astonishingly excessive revenues; that doesn’t mean it won’t take more yet if it finds us unable to defend our property.
The latest feminist obsession with rape has reached the point where false accusations are now being thrown around loosely. It has resulted in a negative stigma toward men on college campuses, and...Read More
The Democrats who wrote, passed, and support the “American Care Act” probably thought that companies would just roll over and
One party pushes class warfare while the other pushes for job creation (Politico) With the glare of the public spotlight
Watching The Baader Meinhof Complexâ€™s titular Teutonic terrorist gang in action on the small screen, I was struck by dÃ©jÃ vu of it all. A small but growing band of radicals with a penchant for street theater, wishing to smash capitalism and destroy the system from within, led by a fanatical, brawling leader, with at least one articulate well-bred intellectual within the inner circle. Starting off by blowing up small, bourgeois shops. Eventually hooking up with sympathetic allies in the Middle East. Then killing American soldiers. And when finally cornered, going out in a Gotterdammerung of mass suicide rather than face punishment from their captors. Thatâ€™s never happened in Germany before