Tuesday, January 1, 2013

Fiscal Cliff Deal Passed By Congress After Republicans Cave


Some of what's in this legislation? 

MASSIVE CORPORATE WELFARE.  

Really.

For Disney, Sec. 317 is “Extension of special expensing rules for certain film and television productions”. It’s a relatively straightforward subsidy to Hollywood studios.

Read more at http://www.nakedcapitalism.com/2013/01/eight-corporate-subsidies-in-the-fiscal-cliff-bill-from-goldman-sachs-to-disney-to-nascar.html#hpLF14OOQy3P3kIM.99
Read the Article at HuffingtonPost

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