Monday, February 25, 2013

Tax Breaks for The Hollywood Hypocrites

The director Steven Spielberg is not a Patriot. He will take your American dollars yet he openly supported the Regime at Election time. Vile Steven Spielberg could have put the movie “Lincoln” out prior to the election to show how Obama is the complete opposite of Abraham Lincoln. Instead Vile Steven Spielberg help the movie back and too the tax breaks from the Regime.

We also read where Glenn Harlan Reynolds exposed Hollywood hypocrisy over taxes in The Wall Street Journal, chronicling how many recent Oscar-nominated films benefited from tax breaks and how much Lincoln received en route to Oscar night.

All the while, these disgusting celebrity stars plead with government officials to raise taxes on the wealthy.

Of the nine "Best Picture" nominees in 2012, for example, five were filmed on location in states where the production company received financial incentives, including "The Help" (in Mississippi) and "Moneyball" (in California). Virginia gave $3.5 million to this year's Oscar-nominated "Lincoln."

Concerned citizens can see this informative article below from Kevin Glass at

If Hollywood Liberals Want Tax Hikes, They Should Look In the Mirror

If you're settling in to watch the Oscars tonight and want to genuinely enjoy the experience, best not to think of the fact that those Hollywood celebrities do their best to suck the government of all the tax subsidies they can get while simultaneously advocating that taxes be raised - just, you know, not on the movie industry.

Peter Schweizer over at Forbes writes:

Consider a few of this year’s Oscar nominated films. According to a new report by the Government Accountability Institute, Quentin Tarantino’s controversial spaghetti Western, Django Unchained, featuring Jamie Foxx and Leonardo DiCaprio has applied to receive an estimated $8.4 million in film tax credits from the State of Louisiana. Actor-director Ben Affleck and producer George Clooney’s film, Argo, received $6.21 million in tax credits from the California Film Commission. Steven Spielberg’s Lincoln, featuring Daniel Day-Lewis, Sally Field, and Tommy Lee Jones, hauled in $3.5 million in tax-free film credits. Silver Linings Playbook bagged a cool $5.6 million.

Indeed, 40 states now have some form of subsidy or incentive that allow filmmakers to defray income and/or sales taxes incurred during filming. Thirteen states even offer so-called “transferrable film tax credits” that allow filmmakers to convert unused credits into cash—at taxpayer expense, of course.

Hollywood celebrities generally skew liberal, of course, and there's no shortage of them on the record as wanting to pay higher taxes. Ben Affleck, the star and director of Argo, one of the most-decorated films of the year, has repeatedly said things like "I don't spend so much that I can't afford to pay a little bit more in taxes."

If these Hollywood stars were serious about paying more in taxes, they'd attack the tax "incentives" for moviemaking. It'd be much more efficient, and they might even get a few conservatives on board!

Unfortunately, the Motion Picture Association of America has one of the most effective lobbyists in the country: Chris Dodd, former Democrat senator from Connecticut. And Dodd's not about to let those juicy tax credits slip through Hollywood's fingers. Dodd claimed that the fight for tax credits is about small businesses and "dry cleaners, restaurants, and florists."

“Not only does film and television production in New York employ the thousands of men and women working on some of the most popular television shows and films, it also supports small businesses in every sector of the economy – dry cleaners, restaurants, florists – who benefit when a production comes to town.”

So while Hollywood enjoys one of its most popular nights and pats itself on the back by giving awards to itself, remember: they're happy to remain blissfully ignorant about how their industry sucks tax revenues out of government coffers.

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