Raiders of the Lost Taxpayer - WSJ.com So let's see: Democrats object to cutting the U.S. 35% corporate tax rate -- which is higher than in all of Europe, undermines economic growth and discourages job creation -- for all companies on grounds that it favors the rich and powerful. But Democrats will carve out tax loopholes for businesses they like and that write them campaign checks. There's also the little matter of how badly Hollywood is hurting vis a vis other industries -- or as liberals like to say, of "fairness." According to Variety, which covers show business, ticket sales for 2008 "clocked in at $9.63 billion, ahead of the $9.62 billion earned in 2007. Admissions were down roughly 4%, far less than declines in other sectors of the economy." Tinseltown already has enough stimulation. Yeah those pompous pampered Hollywood assholes really need a tax break. Change my ass. Political payback continues.