Red shit-bucket state bitch slaps Hollywood liberal elite

From an article in today’s NY Times about the $900 billion (and counting) economic stimulus package wending its way through the U.S. Senate:

The Senate also approved, by 52 to 45, an amendment by Senator Tom Coburn, Republican of Oklahoma, stripping out a $246 million tax break for Hollywood production studios that would have allowed greater deductions for movie production equipment and other costs.

4 Replies to “Red shit-bucket state bitch slaps Hollywood liberal elite”

  1. So instead of allowing Walt Disney and the MPAA to write off half their production and filming costs, they can only continue writing off the first $15 million.

    Boo frickin’ hoo.

  2. I’m with the Ugly American on this, although I do think it makes sense for the local and state agencies to extend production benefits to those who shoot locally and use local vendors and hires.

  3. I’m all for that. Though Schwarzenegger has had a tough time selling the idea to Sacramento, especially with our ongoing budget problems.

    Iron Man is a perfect example as to the benefits of keeping productions here at home. It was shot completely in California (except the Vegas casino scenes) for $140 million making a total domestic gross of $318 million.

    Favreau proved that you don’t have to drag productions up to Canada in order to make a decent profit.

Comments are closed.