News
Politico | GOP kills Senate tax cut bill
The legislation, which would revive a raft of expired tax breaks, failed to clear a procedural hurdle amid widespread objections from Republicans that they had not been allowed to offer amendments, including one targeting an Obamacare medical device tax.
Econ Comments & Analysis
Mercatus | Tax Breaks to Big Business are a Loser
With over half a billion dollars grossed worldwide, "The Amazing Spider-Man 2" is one of the summer's biggest blockbusters. It's also the largest film production ever made in New York, and as a result, the largest beneficiary of its tax breaks for movie makers. Every year, New York gives roughly $420 million in tax breaks to the film industry alone. Louisiana comes second at $236 million.
