Monday, November 26, 2012

How To Raise Revenue

End the corporate welfare that exists within the loop holes in our tax laws.  As Professor Reynolds suggests, the first to go should be the Hollywood tax cuts.  But there's more!

ALONG WITH MY PROPOSAL TO REPEAL THE HOLLYWOOD TAX CUTS and various other ideas on how the GOP can push popular ideas that will hurt Democratic constituencies, several readers have suggested that the Republicans in Congress push cable-unbundling as a cause. It will, they suggest, make consumers happy, hurt the entertainment industries and probably put MSNBC out of business since, well, how many people would actually pay to get MSNBC? . . . .
Given how infrequently the entertainment industries support my perspective, I think ending their preferential tax treatment is an excellent place to start.

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