Skip to comments.Sunday Reflection: Repeal the Hollywood tax cuts!
Posted on 09/05/2012 7:42:20 PM PDT by george76
There's an old joke about a boy who complains to his mother that his little sister keeps pulling his hair.
"Oh," responds the mother, "she doesn't know that it hurts."
A few minutes later, the mother hears the girl scream and runs into the other room. "She knows now," the boy explains.
There's a lesson for Republicans in that old joke, if they're smart enough to absorb it.
For the past few years, there has been a drumbeat in favor of increased taxes from Democrats of all stripes. Make the rich pay their "fair share." Get rid of "loopholes." Make the fat cats "chip in a little more." Then Democrats hold up budgets and bills in an effort to extract some tax increases from Republicans.
It's no coincidence that much of the Democrats' base doesn't have to worry about taxes much, either because they work for nonprofits and public entities that don't pay taxes, or because they live off government benefits, or because they work in industries -- like the motion picture and recording industries -- with a long history of shady accounting and favorable tax treatment. Republicans, if they're smart, can nonetheless teach them that tax increases do, in fact, hurt.
They should head into the next budget battle with a list of proposals for tax increases that will sting Democratic constituency groups, but which will seem eminently fair to voters.
The first such proposal would be to restore the 20 percent excise tax on motion picture theater gross revenues that existed between the end of World War II and its repeal in the mid-1950s. The campaign to end the excise tax had studio executives and movie stars talking like Art Laffer, as they noted that high taxes reduced business income, hurt investment and cost jobs.
(Excerpt) Read more at washingtonexaminer.com ...
I was posting this same idea in early 2009 and a few times since. Tax the liberals who claim they don’t want tax cuts that they all took advantage of.
Democrats know how to fight like this. Not the stupid party, they protect their enemies. I give up on them.
No Hillary at the DNC cheering her hubby.
I could have sworn I saw a doppelganger of Hillary sitting camera right of Kokie Roberts in the press booth. She looked absolutely terrible. I don’t think it was her, but I did do a double take and check her out.
BC doesn’t have it like he used to. The juice is gone.
He looks better than after the heart attack though,
Reminds me of Reagan’s last speech at 1992 R convention. That was a moment.
Dems go to Clinton like we did Reagan.
We could tax Hollywierd to France if we wanted to. We should and take out their kooky billionaires, too.
Ooooo. I like this.
Clinton is a DISGRACED, IMPEACHED President who was accused of RAPE and Sexual Harrassment and had his Law license revoked for LYING to a!!! and he;s the BEST they have....pathetic.
He is their Reagan. Amazing that Dems were calling Clinton a racist just 4 years ago for running against Obama.
If Bush didnt leave office with things so bad Clinton would still be considered a joke, but NOW people remember the 90s as the good years. A lesson to be learned. Leave office with things better than you entered it.
“The first such proposal would be to restore the 20 percent excise tax on motion picture theater gross revenues that existed between the end of World War II and its repeal in the mid-1950s. The campaign to end the excise tax had studio executives and movie stars talking like Art Laffer, as they noted that high taxes reduced business income, hurt investment and cost jobs.”
This is F’ing brilliant : )
I can just hear my old bosses at Warner Bros. Studio howling at the moon!!
” If Bush didnt leave office with things so bad Clinton would still be considered a joke,”
Clinton just plain lucked out. He was the recipient of the hi- tech revolution, and the NASDAQ/dot com., IPO frenzy. Clinton must have marvelled at his good fortune. Of course today, he lies about it.
B.H.O. makes Clinton look pretty doggone good.