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Message
re: California to quadruple movie tax credits to $400 million/year
Posted on 8/16/14 at 9:29 pm to Asgard Device
Posted on 8/16/14 at 9:29 pm to Asgard Device
I understand you think of all money as the states first. I don't.
2
Posted on 8/16/14 at 10:26 pm to BBONDS25
quote:
I understand you think of all money as the states first. I don't.
That talking point does not apply to the transferable tax credit program.
I've tried to get you to run through this exercise to apply your failed logic to but you disappear every time. What happens if the state gives me $10B in transferable tax credits?
It won't cost the tax payers anything, right? RIGHT?
This post was edited on 8/16/14 at 10:28 pm
Posted on 8/16/14 at 10:34 pm to BBONDS25
quote:
I understand you think of all money as the states first. I don't.
You evidently have no understanding at all of the subsidy. The state GUARANTEES to pay 85 cents on the dollar no matter what. That is not a tax credit. That is a subsidy.
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