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  Topic: ‘Fiscal Cliff’ Deal Also Doles
Out Millions for Hollywood,
Railroads, Rum Producers
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‘Fiscal Cliff’ Deal Also Doles
Out Millions for Hollywood,
Railroads, Rum Producers

ABC News, by Devin Dwyer and Steven Portnoy

Original Article

Posted By:PageTurner, 1/2/2013 1:44:58 AM

The “fiscal cliff” compromise has been heralded as a saving grace for middle class taxpayers, their families and the unemployed. But buried in the fine print of the 150-page deal are also some lesser-known New Year’s gifts to some of Washington’s favorite industries. Under the plan, the federal government would eat nearly $100 billion in forgone tax revenue over the next two years by extending special tax credits for select businesses that had been set to expire.

Comments:
Tax hikes for us, subsidies for Obama´s cronies. What a deal. /s

      


Post Reply  

Reply 1 - Posted by: uno_thatguy, 1/2/2013 2:43:13 AM     (No. 9094097)

Were we to expect more?

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Reply 2 - Posted by: iamtinman, 1/2/2013 3:49:05 AM     (No. 9094118)

Congress did what Congress always does. A pox on them all!

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: Trigger2, 1/2/2013 4:06:16 AM     (No. 9094121)

It certainly pays to be a crony so you can get your fair share of taxpayers money.

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Reply 4 - Posted by: Spidey, 1/2/2013 4:24:01 AM     (No. 9094127)

There´s probably a lot more tax carve outs than we´ll hear about.This tax increase was nothing but satisfying Obama´s greedy, fringe left supporters to make them think they have more freebies coming.Another year of unemployment extensions simply means another year´s vacation for a lot of people..

There has to be tons of people,especially the professor types who simply cannot understand why the economy isn´t doing better,despite billions of borrowed,printed and tax money being thrown in the mix. Their answer is the money isn´t enough

The gun and ammo industries have a 6 month backlog of orders which tells me the right in this country has a lot of money they´re not spending on other things because they simply hate Obama.

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Reply 5 - Posted by: 3XALADY, 1/2/2013 6:29:14 AM     (No. 9094167)

OT, but when DH got money at the bank recently, he got 20 brand spanking new $10 bills, evidently fresh off the printing press. Part of that $84 billion that´s going into the economy every month.

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Reply 6 - Posted by: kanphil, 1/2/2013 7:34:14 AM     (No. 9094240)

If somebody really went after the waste in government, there would be plenty of money. We could start with whole Cabinet Departments, like Education, Energy and the EPA.

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