This is bullshit!!!STIMULUS BILL TO HELP HOLLYWOOD

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WASHINGTON - Finally, Democrats have found a tax-cut they can support - one that puts even more money in the pockets of Barbara Streisand, Michael Moore and the rest of their pals in Tinseltown.
Big Hollywood opened its hearts - and fat wallets - to get President Obama into the White House and give Democrats both chambers of Congress and now it's time to return the love.
A provision in the current "stimulus" bill would allow Hollywood moguls to write off half the production and filming costs of big-budget films and TV shows.
Backed by Walt Disney and the Motion Picture Association of America, the provision amounts to an estimated $246 million Hollywood tax break over 11 years.
It's the least Democrats can do for some of their richest and most generous supporters, who gave nearly $20 million in campaign contributions to Democrats during the 2008 election cycle, according to OpenSecrets.org.
Currently, only the first $15 million of production costs can be written off - a rule aimed at keeping low-budget film-makers in the U.S.
Republicans on Capitol Hill noted that Hollywood seems like an odd choice of bailout since it appears to be the one sector of the economy unaffected by the current meltdown.
Last month alone, the industry raked in a record $1 billion in box office receipts, according to industry watchers.
 

Officially Punching out Nov 25th
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I wouldn't be surprised the film film industry provides jobs through out the nation. And with the lower Canadian dollar Hollywood will lose production to Vancouver and Toronto.

This isn't about helping the production companies as it is about help the Grips and electricians and carpenters employed.

I'm sure you can agree it's important to keep trades people employed.
 

the bear is back biatches!! printing cancel....
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Cali's budget under the leadership of the republican arnold is completely in shambles

gonna be sending out IOUs for tax refunds

expect the state as a whole to get bailed out by all of us

fun times!!!
 

Banned
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I wouldn't be surprised the film film industry provides jobs through out the nation. And with the lower Canadian dollar Hollywood will lose production to Vancouver and Toronto.

This isn't about helping the production companies as it is about help the Grips and electricians and carpenters employed.

I'm sure you can agree it's important to keep trades people employed.
Last month alone, the industry raked in a record $1 billion in box office receipts, according to industry watchers
 

bushman
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Sep 22, 2004
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Good.

Giving a still successful industry tax breaks in the middle of a global meltdown aint such a bad idea.
Most industries are going tits up, no matter WHAT you do for them.

and remember:
To write off $50M, you still gotta spend $100 million on sumfink.
 

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Big Hollywood opened its hearts - and fat wallets - to get President Obama into the White House and give Democrats both chambers of Congress and now it's time to return the love.

bingo.
 

bushman
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Anything that helps the porn industry is good with me.

Now all we need are some stimulation packages for internet gambling.
 

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