GOVEROTRAGEOUS: Hollywood bribes the District of Corruption

Sunday, May 27, 2012

http://www.smartmoney.com/spend/travel/10-things-hollywood-wont-tell-you-1337096257188/?cid=djem_sm_WeekontheStreet_t#articleTabs

10 Things Hollywood Won’t Tell You
Now playing: sequels, 3-D reruns and long ads.
By CHARLES PASSY

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6. “We scratch Washington’s back…”

Yep, even Hollywood has a lobbying arm: the Motion Picture Association of America, which spent more than $2 million wooing elected officials last year. And its positions aren’t always popular with either the public or politicians. Recently, the association, under the stewardship of former U.S. Sen. Chris Dodd, pushed for antipiracy legislation designed to keep films from being easily shared and copied online. But the bills were seen as restricting the overall use of the Internet and failed to garner support. After Congress put the legislation on hold, Dodd warned that “those who count on ‘Hollywood’ for support need to understand that this industry is watching very carefully who’s going to stand up for them when their job is at stake.” That led some critics to charge that the MPAA was bullying legislators and prompted an online petition asking the White House to “investigate this blatant bribery.” The Obama administration declined to comment on the petition.

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This one caught even an old grump like me. I thought they were just “liberals”. Turns out they are “unindicted coconspirators”!  

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POLITICAL: Corporate Tax Rate should be ZERO!

Thursday, February 2, 2012

https://secure.downsizedc.org/etp/end-corporate-income-taxes/

End corporate income taxes

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So why isn’t this done?

Because it’s against the interests of the Political Class.

Think about the typical political demagogue. Early in his speech, he promises to end “tax breaks” to corporations. Then, later in the speech, without any sense of irony, he says there should be “tax incentives” to encourage companies to do certain things.

Of course, the tax incentives he says he wants to create are exactly the same as the kind of tax breaks he says he wants to end, but the demagogue doesn’t want you to connect the dots.

So what he’s really saying is that he wants to end tax breaks to some corporations he doesn’t like (probably the ones that have received bad press) while extending tax breaks to other corporations who will do what he wants.

Politicians couldn’t care less how much revenue the corporate income tax generates. The revenue isn’t the point. The point is the complicated laws, breaks, and loopholes that the politicians can manipulate to enhance their own power and importance.

Your interest lies in the opposite direction. You should fight to ABOLISH THE CORPORATE INCOME TAX, FOR YOUR OWN BENEFIT. The side benefit is that you’ll make the Political Class weaker!

Doing this will also reduce corporate influence in Congress, by removing a major incentive for lobbying. Tell Congress that you want corporate taxes abolished completely!

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Corporations don’t “pay” taxes; only real people do.

Corporations are a legal fiction that is the logical summation of the Owners, the Employees, the Customers, and Suppliers.

Note that the Owners, may in fact be other corporations like Pension Funds which guard the hopes and dreams of Pensioners.

So, when you tax “corporations”, you really are taxing all these people.

And, you are distorting the free market. Making some choices more expensive than they have to be.

Let’s make the corporate tax rate ZERO.


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