Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!





Recent Entries
Oh Chad Harper You Are So Silly | Main | Oh My: EPA Adds Texas At Last Minute To List of States To Be Hit With Coal-Power Limits, While Letting Off Three Blue States and Two Swing States
July 08, 2011

Cut Expenditures In The Tax Code For... Hollywood

"Cutting expenditures in the tax code" is Obama's code for "increase taxes by ending credits and deductions," of course.

Meanwhile, Hollywood gets a big fat subsidy for productions in America.

Here's the thing: As Russ tried to say with regard to ethanol tax subsidies, it's hard for conservatives to get too upset that someone is getting a tax break.

But the problem is that this system is feudal, with the well-connected and politically favored getting a special lower tax rate while the unconnected and politically disfavored pay full freight.

We pay more so that some can pay less.

The other interesting thing I note is that liberals always seem to understand that lower taxes spur economic activity -- but if and only if it is themselves getting the favorable tax treatment.

Hollywood of course lobbied for this special break, most likely to keep productions from moving to other countries (first England, and lately, Canada).

So when it comes to their industry, they get that higher taxes --and higher production costs due to unionized labor!-- create a barrier to economic production, and lower taxes and lower production costs due to cheaper labor create an environment for economic creativity.

But when it comes to every other industry? Every other American?

Suddenly they get dumb and pretend like they forgot about this.

Alec Baldwin, I'm sure, is currently the beneficiary of a special break for productions filmed in New York City.

But will he ever extend his thinking to realize that maybe lower taxes are good for all other sectors, too?

No, of course not. They want their own Special Rules for Special People, and they want everyone else to pay through the nose to cover the Special People's compassion-spending.


digg this
posted by Ace at 03:34 PM

| Access Comments




Recent Comments
Thrawn: "76 I can't say all of Jackie Chan's movies are awe ..."

Count de Monet, Person of Pallor: "Not vigorously prosecuting the highway blockers&nb ..."

Biden Chan: "Jackie Chan, is that like Cracky Chan? Any nudes? ..."

Boss Moss: "This little light of mine, burn this Mother Ckufer ..."

eleven: "[I]Yeah, something something.[/I] Good stuff. ..."

Misanthropic Humanitarian: "77 69 So, I just watched Juan Williams argue that ..."

Y-not: "We had our turkey today. 16 lbs (I have no idea wh ..."

---: "[i]The men wanted to acquire two more bombs, the s ..."

Jen the original: "So, I just watched Juan Williams argue that the of ..."

Mike Hammer, etc., etc.: "TR - I've asked on a couple of threads if anyone h ..."

Tobacco Road: "TR -Expecting snow overnight. Light, won't stick. ..."

CO : "Darren Wilson's address? What about the authors ad ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64