TAXES rose an average of $679 for 77 percent of taxpayers under the new fiscal cliff deal.
But Hollywood will continue to enjoy $430
million in special tax breaks, ABC News reported.
The tax increase for most people comes as the
result of the end of the payroll tax holiday. Those taxes will now return to 12.4 percent — the total of the direct tax (6.2 percent) that comes out of each paycheck and the employer match.
But Section 317 continues a 2004 tax break that was meant to help producers of small movies.
After Democrats took control of Congress, they
extended the tax break to all movies and TV shows. The break was meant to expire in 2011, but the new fiscal cliff law makes the break permanent, the conservative Breitbart news organization reported.
A sweetheart deal for a reliable source of Democratic campaign funds is something to think about the next time a millionaire Hollywood star complains about the rich not paying their fair share of taxes.
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MANY West Virginians worry about the impact of the TV show, "Buckwild," an MTV production that is supposed to be "Jersey Shore" in Sissonville.
We should all relax a bit. Most Americans like West Virginia, according to an online poll by Widmeyer Communications, a public relations firm based in New York and Washington.
"Based on what we learned from this survey,
nearly 75 million Americans are likely to visit WV within the next three years," said CEO Scott
Widmeyer in a press release.
"Secondly, the small-town friendly charm that West Virginia offers is something the state needs to capitalize on. This can be a real magnet to attract people who are looking for getaway vacations that offer recreation, leisure and relaxation."
The poll is reassuring and it comes from someone who understands the state.
Widmeyer is a graduate of West Virginia Univer-sity and a generous supporter of it.
West Virginians can be too touchy for their own good sometimes. Sometimes, as wise public relations executives will tell you, it pays to accentuate the
positive rather than be defensive.