A new report by the Government Accountability Institute has discovered that, according to the California Film Commission, Ben Affleck and George Clooney’s Oscar-winning film, Argo, received $6.21 million in California transferrable film tax credits.
Last October, Affleck, a committed and vocal Democrat, told Bill O’Reilly that President Barack Obama’s “major policy goal of changing the tax structure so that the wealthy pay their fair share, to me, is of towering importance.” Argo’s producer, Clooney, has also been a strong Obama supporter, hosting a fundraiser for the president at his Los Angeles home and another in Geneva.
Forty states offer film subsidies totaling $1.51 billion. Film tax credits may be used to defray income and sales taxes incurred during a film or TV production. Some states allow leftover tax credits to be converted into cash that filmmakers can keep—paid for by taxpayers.
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ahhh...do as I say, not as I do liberal beneficiaries. I wonder how the folks with no heat, food stamps and low income housing are feeling about this? Do they still worship at the alter of Hollywood?
ReplyDeleteThose Obama Lovers didn't get a nickel of my money.
ReplyDeleteWHO CARES? As long as they followed the law, does it really matter. This was a business venture just like any other startup. Of course they would take advantage of tax credits.
ReplyDeleteI you had said he is supports Obama's tax plans, then show he is a tax cheat by breaking the law, then you would have a point. Until then, this post is just fluff.
ReplyDelete7:46 HUH?
ReplyDelete