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February 24, 2013
An Oscar for the tax man?
As Hollywood's annual orgy of self-congratulation, the Academy Awards ceremony, is warming up in the wings, Glenn Reynolds of Instapundit has penned a valuable WSJ op-ed detailing the enormous tax breaks lavished on American film production. Make no mistake, these are special interest tax breaks, and the fat cats benefitting just happen to be among the most self-righteous liberals posing as advocates of the little guy. Hypocrisy on steroids. To kick off his piece, Reynolds aptly cites über-populist Eva Longoria: At the Democratic National Convention last year, actress Eva Longoria called for higher taxes on America's rich. Her take: "The Eva Longoria who worked at Wendy's flipping burgers-she needed a tax break. But the Eva Longoria who works on movie sets does not." Actually, nowadays an Eva Longoria who flipped burgers would probably qualify for the Earned Income Tax Credit and get a check from the government rather than pay taxes. It's the movie set where she works these...(Read Full Post)