Michael Moore, Hypocracy On Corporate Tax Breaks
By Mark Perry on October 6, 2009 | More Posts By Mark Perry | Author's Website
Michael Moore says he is sick and tired of special tax breaks for corporations. Unless of course they happen to benefit him personally.
According to Peter Schweizer in Tuesday’s Investor’s Business Daily:
Moore has found a tax break for corporations he actually likes. And his arguments in favor of it sound more like they’re coming from a supply-sider than the populist he professes to be.
Michigan, where Moore lives, offers the most generous tax breaks and subsidies for film producers in the country. For every dollar you spend making a movie in Michigan, taxpayers will give you back 42 cents. Moore actually relocated his postproduction team from New York City to Michigan just to take advantage of these tax credits.
But Moore is not just a recipient of these tax credits. His hypocrisy goes deeper. As a member of the Michigan Film Office Advisory Council he has been a cheerleader for them. Appointed to the post by Gov. Jennifer Granholm in September 2008, Moore sees himself as an ambassador who will help bring the film business into the state.
And how does he profess to bring the film business to Michigan? By offering it tax breaks.
US Housing Has Never Been More Affordable
Federal Reserve Statement: No News Is Good News?
Another Options Strategy For Income Investors
The New Crude Oil Benchmark That Could Change The Oil Market’s Price Dynamics
Washington Examiner: “A Fox Is Guarding The Henhouse At The SEC”
Asian Govts Should Develop Local Currency Bond Markets Further: ADB - 7 mins ago
South Korean Market Trades Lower; Banks, Shipping Stocks Decline - 19 mins ago
Macau Visitor Arrivals Rise In October - 38 mins ago
Japan Merchandise Trade Balance Y801.7 Billion In Oct - 45 mins ago
Philippines Manufacturing Production Falls Further In September - 56 mins ago


