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CALIFORNIA GOV. BROWN OKS MORE HOLLYWOOD TAX RELIEF
Breitbart TV ^ | October 1, 2012 | The Wrap

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 ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: brown; california; hollywood; taxes

1 posted on 10/01/2012 7:37:32 PM PDT by cruise_missile
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To: cruise_missile
"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. “

Waitress sandwiches are now 100% deductable.

2 posted on 10/01/2012 7:45:26 PM PDT by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: Steely Tom
We need to re-purpose the BATFE to go to Hollywood to eliminate all references and uses of alcohol, tobaccky, firearms and explosives in their product.

For the Children.

3 posted on 10/01/2012 7:58:59 PM PDT by Paladin2
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To: cruise_missile

More tax cuts for the rich!


4 posted on 10/01/2012 8:05:25 PM PDT by GeronL (http://asspos.blogspot.com)
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To: cruise_missile

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....


5 posted on 10/01/2012 8:06:01 PM PDT by Vanman
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To: cruise_missile

Hollywood already moved to British Columbia.


6 posted on 10/01/2012 8:24:31 PM PDT by Rio (Tempis Fugit.)
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To: cruise_missile

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.


7 posted on 10/01/2012 8:57:35 PM PDT by Soul of the South
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