Hollywood Trashes Reaganomics, Yet Promises Their $35 Mil Tax Credit Will Trickle Down

Subject: txt mny econ tax msm fnn - bdd -
M. Night Shyamalan’s latest film production, "The Last Airbender," was recently awarded over $35 million in film tax credits from Pennsylvania over two years. The award is the largest in the history of Pennsylvania’s Film Tax Credit (FTC), breaking the record held by his previous project, "The Happening," which received $12 million in tax credits. His film "Lady in the Water" also received a film production grant.

The only good news is that taxpayers are only forced to subsidize these movies, not to watch them...

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