Does this kind of almost sound like extending more government funding to the arts? Except if the arts was a private business........
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posted by @ 10/03/2008 8:01 PM
On the one hand, I think it's outrageous for lawmakers to slip an earmark into an important piece of legislation like this. Then again, all this really does is provide film and TV producers with the same tax deductions that American manufacturers such as Boeing, General Motors, and Xerox receive for making their products in the U.S.
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posted by Mark Mandel @ 10/04/2008 7:22 PM
Most people in the movie business assumed that this deduction was going to be extended. If it hadn't been slipped into this bill it would have been slipped into another. But yes, it was another sweetener to allow legislators to feel better about the bail-out bill.
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posted by Scott Macaulay @ 10/06/2008 1:23 PM