The most basic lesson of all of the various efforts, by both state and federal governments, to provide incentives for films to be made is that with government money comes government oversight.
Posts tagged with: tax credits
In the wake of the November elections, with politicians promising less partisan bickering, a perfect opportunity presents itself for real cooperation: educational choice. Kevin Schmiesing looks at the state initiatives that have already empowered “poor and middle class parents to send their children to schools that they believe will best serve their educational goals.”
Read more on Letting Business Help: The Promise of Education Tax Credits…
Rep. Vito Fossella (R-NY13) endorses federal tuition tax credits for K-12 education at NRO, “An A+ Choice.”
Says Fosella: “Here’s how it would work: Families would be permitted to take a dollar-for-dollar reduction in their tax liability for non-public-school-tuition expenses. For example, a taxpayer with a liability of $10,000 and a tax credit of $4,500 would be required to pay only $5,500 in taxes. Simply, it allows families to keep more of their money to spend on their children’s education.”
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