“Fiscal Cliff” deal doles out millions for Hollywood, railroads, rum producers

“Fiscal Cliff” deal doles out millions for Hollywood, railroads, rum producers. “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.” And the winner is… Crony Capitalism! Unexpectedly!

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (19)

  • Anyone see that receipt someone posted on Facebook that had the OCare tax on it? This guy went to a store and spent $300. The cashier said, welcome to OCare and handed him a receipt. There was a $6 tax on there for OCare.

  • Just like O-Care, we have to pass the bill, then read it to find out what's in it. Spineless RINO's cave again. Boehner must go, with a few others under his wings.

    • ALL the others. Spineless wonders. I detest the Democratic Party, and what they are doing to this nation. But that's what Democrats are SUPPOSED to do. I despise the Republicans even more now, since they won't fight.

      • So a minority of the majority party sided with the majority of the minority party to pass a bill. Who's the majority again? Oh ya, progressives in both parties. Boehner and the Republicans are setting themselves up to lose. They think power will change like it always does, that the show will go on, they just need to play the game for a few years and they will once again have their moderate Republican in charge till it's the Democrats turn again. What they fail to calculate is the fact their base is leaving in droves and isn't in a very forgiving mood.

        I say screw the Republicans. They won't stand up tomorrow and throw Boehner out, and we will continue to see this sort of thing happen. I'm third party all the way, even if it means Democrats stay in power till we get enough people to fix this country.

  • But we have to make sure those among us that can afford to, pay more... so why does Hollywood get a tax break after having one of the biggest years? or NASCAR? Need we mention that NASCAR fans boo-ed the first lady?

  • Why of course pork oink oink HAD to be part of this "deal" in order to get the votes for this "deal"... disgusting.

  • I read that they also extended the wind energy boondog..., er, subsid...no, investment! for another year, although that seems to have escaped the notice of ABC News.