Hollywood Hypocrisy on Gun Control

[Pony Boy]

Hollywood Hypocrisy on Gun Control

[Jetland]

oh Derp Boy you are so dang sensitive......do you need a hug or puppy?

[Pony Boy]

Fiscal Cliff Deal: Hollywood Gets Tax Incentive Extension

The Senate passed legislation meant to end the "fiscal cliff" crisis in the wee hours of the morning. And it seems Hollywood's rigorous backing of President Barack Obama and his Democrat peers in the waning months of 2012 paid off.
Section 317 of the freshly approved legislation includes an extension for "special expensing rules for certain film and television productions." Congress first enacted production tax incentives favorable to the domestic entertainment industry in 2004, and extended them in 2008, but the deal was meant to expire in 2011.

Hollywood players routinely beg the government to raise their taxes so they can pay their "fair share." Now Hollywood has used its clout to ensure that its generous tax incentives will continue in a time of fiscal crisis.

http://www.breitbart.com/Big-Hollywo...e-fiscal-cliff

[barryr]

So maybe now there won't be so many in Hollywood shooting movies in Canada to avoid paying taxes(as typical, their "fair share" applies to everyone else) like they have been doing for years now.

[cutthemdown]

Anyone who thinks hollywood liberals give a rats ass about anyone but themselves is an idiot. They are just as selfish as CEO's from the big corporations. whatever though I still don't want them taxed more lol. It would just make movies cost more when you go out to see one. Maybe a tax on anything Julia Roberts is in.

[DenverBrit]

Originally Posted by barryr

So maybe now there won't be so many in Hollywood shooting movies in Canada to avoid paying taxes(as typical, their "fair share" applies to everyone else) like they have been doing for years now.

Movies are made out of the country to avoid taxes? How??

[Pony Boy]

Originally Posted by DenverBrit

Movies are made out of the country to avoid taxes? How??

Runaway production has been an ongoing problem for Hollywood labor unions and guilds. The lure of lower budgets with nonunion workers has attracted producers to right-to-work states, such as Florida, as well as other states that have recognized film and television production as a boost to local economies. Meanwhile, foreign locations, such as Eastern Europe and parts of the Third World, offer low budgets and exotic locations. Most recently, Canada has lured film and television production away from Hollywood with offers of trained workers, tax breaks, and a favorable exchange rate. Pressure from the availability of a nonunion option and runaway production has forced the unions to make concessions during contract negotiations, as well as to push for government remedies.

The Canadian Federal Government provides foreign producers with a subsidy called the Film Production Services Tax Credit, which now equals 16 percent of the Canadian labor costs. (It was recently raised from 11 percent to offset a rise in the Canadian loonie against the American greenback.) Also, British Columbia offers an additional 18 percent rebate on labor from that province. Finally, there is a 20 percent break on digital effects, if they are done in Canada.

http://www.filmreference.com/encyclo...ND-GUILDS.html

[DenverBrit]

A recent development in Canada. Movies are mostly made elsewhere because of cost and locations.