Oddball
Unobtanium Member
How many times did I say that the contrived fecal cliff "crisis" was all abut saving pet programs, rather than actual fiscal responsibility?...More than I can count, that's how many.
From, of all places, ABC Snooze:
Fiscal Cliff Deal Also Doles Out Millions for Hollywood, Railroads, Rum Producers - ABC News
A nation of pure political hacks and the rubes who cram their heads up their asses is what America has turned into.
From, of all places, ABC Snooze:
The fiscal cliff compromise has been heralded as a saving grace for middle class taxpayers, their families and the unemployed.
But buried in the fine print of the 150-page deal are also some lesser-known New Years gifts to some of Washingtons favorite industries.
Under the plan, the federal government would eat nearly $100 billion in forgone tax revenue over the next two years by extending special tax credits for select businesses that had been set to expire.
<snip>
- $430 million for Hollywood through special expensing rules to encourage TV and film production in the United States. Producers can expense up to $15 million of costs for their projects.
- $331 million for railroads by allowing short-line and regional operators to claim a tax credit up to 50 percent of the cost to maintain tracks that they own or lease.
- $222 million for Puerto Rico and the Virgin Islands through returned excise taxes collected by the federal government on rum produced in the islands and imported to the mainland.
- $70 million for NASCAR by extending a 7-year cost recovery period for certain motorsports racing track facilities.
- $59 million for algae growers through tax credits to encourage production of cellulosic biofuel at up to $1.01 per gallon.
- $4 million for electric motorcycle makers by expanding an existing green-energy tax credit for buyers of plug-in vehicles to include electric motorbikes.
Fiscal Cliff Deal Also Doles Out Millions for Hollywood, Railroads, Rum Producers - ABC News
A nation of pure political hacks and the rubes who cram their heads up their asses is what America has turned into.
Last edited: