Skip to comments.CALIFORNIA GOV. BROWN OKS MORE HOLLYWOOD TAX RELIEF
Posted on 10/01/2012 7:37:22 PM PDT by cruise_missile
California Gov. Jerry Brown on Sunday signed legislation extending the state's $100 million tax-credit fund for two more years.
The measure allows California producers a 20 percent or 25 percent credit against income and sales and use taxes and is designed to help stem the production exodus that has plagued the state in recent years.
"The state of California took a big step forward today, thanks to Governor Brown and the legislature, said Christopher Dodd, chairman and chief executive officer of the Motion Picture Association of America.
(Excerpt) Read more at breitbart.com ...
Waitress sandwiches are now 100% deductable.
For the Children.
More tax cuts for the rich!
Great! Another $100 million worth of tax dollars NOT going to fund that idiotic bullet train we didnt want. Looks like the working class gets the short straw again. Its what we get for putting Governor MoonBeam back in office!
If the saying “as Kalifonia goes, so goes the nation” holds true, the nation should be defaulting in a matter of a few short years....
Hollywood already moved to British Columbia.
Tax all incomes earned in the entertainment industry over $1 million at 100% in the name of fairness. No doubt all of the mega wealthy actors, producers, studio heads, and writers will applaud the opportunity to help out the state in its time of need. After all, their dear leader Mr. Obama publicly stated the wealthy don’t need the extra money.