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Hollywood to America: Trickle-Down Economics Works Only For Us

Other than a self-made governor who chose not to abort her unborn Down syndrome child, nothing gets the Hollywood Left more outraged than what they call, “tax cuts for the rich,” or “corporate welfare.” For nearly thirty-years now, studio chiefs, millionaire actors and millionaire directors have created and distributed movies and television shows laced with propaganda opposing “trickle-down economics.” Most of us have also been subjected to Reaganomics’ bashing in popular music and novels, as well.

And yet… [emphasis added]

The California Film Commission on Monday announced that 25 productions had been awarded tax credits, which refund 20% or 25% of all spending in the state on so-called below-the-line employees, Hollywood parlance for behind-the-scenes crew. …

The state is awarding $67.5 million in tax credits for the 25 productions. Amy Lemisch, director of the CFC, said those movies and TV shows will spend $347 million on below-the-line employees. Lemisch said she was confident the vast majority of that money would otherwise not have been spent in California.

Productions using the credits include CBS Films, DreamWorks, Sony, Comedy Central, and Disney.

Whether you want to stay competitive in California or America, tax cuts work, tax cuts create jobs, tax cuts trickle down … and Alec Baldwin, Sean Penn, Robert Redford, Matt Damon and Barbra Streisand all know this. Which is why there’s no celebrity-outrage decrying this $67.5 million tax cut as “corporate welfare” for “the top 1%” — and if you don’t think “Big Studio” isn’t just as fat as any oil, drug or tobacco company…

And “Big Studio” chases these tax cuts for their rich selves all over the country with nary a peep from Hollywood Leftists about how this money could be better spent on the homeless or condom machines in elementary schools.

Hollywood demands Reaganomics. Why? Because they know it works. For the rest of us, they want higher taxes, more regulation and an increase in government intervention. Why? Because they see themselves as individual Hugo Chavezs over-seeing “the great unwashed” as government strips us of our liberties.

We’re in an ideological war and appearing as hypocrites when it comes to taxes is a small price to pay if it moves the ball towards a government that saves trees and kills babies, legalizes drugs but outlaws tobacco and trans-fat, and rescues death-row inmates with one hand while unplugging the elderly with the other.

Yesterday morning, on one of the news shows, some lefty Congressman was pimping a bill to end advertising tax deductions for “Big Pharma.” Specifically those commercials that end with a litany of warnings designed to make trial lawyers drool. Think about this: While drug companies perform near-miracles improving quality of life here and around the world, they’re singled out for a historic Congressional attack disallowing advertising as a business expense. But on the same day, an industry that sexualizes our children and undermines an America at war is singled out for a big, fat, sweet tax break.

Hey, it’s good someone got a Reagan-like tax cut in this economy. More power to all the below-the-line folks who will be employed thanks to the trickle down from fat cats like Spielberg. The problem is that those same Spielbergs don’t give a damn about any “below-the-line” folks who work in industries that don’t produce their propaganda.


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