Blogroll Sunday – Blog Selected From Right Wing News’ Blogroll
There is more money in corporate tax breaks in the fiscal cliff agreement than revenue scheduled to be gained from the tax hikes on the rich. Timothy Carney has run the numbers.
There are corporate benefits for liquor companies, green-energy companies, and Hollywood studios and other groups whose lobbyists were successful. Kinda cozy how that all worked out, isn’t it?
Distillers are able to drink to a $222 million rum tax rebate. Perhaps this will help to finance more of those fabulous Bacardi TV ads with all those beautiful rich people. Businesses located on Indian reservations will receive $222 million in accelerated depreciation. And there are breaks for railroads, “New York Liberty Zone” bonds and so much more.