New tax law packed with breaks for businesses

Jan 3, 2013 | Posted by: roboblogger | Full story: Seattle Post-Intelligencer

Tucked into the "fiscal cliff" tax package approved by Congress are billions of dollars in tax breaks that should make the new year a lot happier for businesses of many stripes, including film producers, race track owners and the makers of electric motorcycles.

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1 - 9 of 9 Comments Last updated Jan 5, 2013
Barry Obamay

Nha Trang, Vietnam

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#1
Jan 3, 2013
 
She"s like the wind by Dirty Danceo lyrics...!
http://www.youtube.com/watch...
Jon Smith

Nha Trang, Vietnam

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#3
Jan 3, 2013
 
bi bye kids! enjoy college Ball, president Day, March madness..then Approll fool...!;)
Jon Smith

Nha Trang, Vietnam

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#4
Jan 3, 2013
 
sorry! one more new YR...Feb, 10....!;-00000000
Sheik Yerbouti

Chalfont, PA

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#5
Jan 3, 2013
 

Judged:

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Did anyone expect anything different
obammy is just another republicrat corporate shill! He could care less about working americans. All of these tax breaks should be removed!

Since: Mar 09

The Left Coast

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#6
Jan 3, 2013
 

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Absolutely nobody making less than $400K would see a tax increase - right? Look at your next paycheck and trust Obama.
Dr Bill Phd

Nha Trang, Vietnam

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#7
Jan 3, 2013
 
RustyS wrote:
Absolutely nobody making less than $400K would see a tax increase - right? Look at your next paycheck and trust Obama.
IN gOd RUSTEE Trst! ;-000
CBOW

East Berlin, PA

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#8
Jan 4, 2013
 
Why do film producers need tax breaks? Oh, yeah, they are the propaganda machine for the left. Just look at the film Lincoln. Half truths and propaganda about the emancipation proclamation and it's "effect" on the American civil war.
equote

Rising Star, TX

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#9
Jan 4, 2013
 
RustyS wrote:
Absolutely nobody making less than $400K would see a tax increase - right? Look at your next paycheck and trust Obama.
Welcome to the realities of Class Warfare. Don't just blame Obama, tax law is made by Congress. Complicity? you bet!
FocusOnCorporate Whores

Bryn Mawr, PA

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#10
Jan 5, 2013
 
So they need tax revenue but they 76 Billion in potential revenue on the table. And yet it's all about the individual pay more or " their fair share ".

But this is business as usual when you have companies like Goldman Sachs and GE already paying 1 to 0 percent in taxes.

Will these tax breaks really lead to jobs and more tax paying employees. There is a write off for retailers to write off improvements more quickly yet since the crash alot of these companies have closed stores/down sized loosing jobs. So if they aren't even shifting their tax obligations to employees out on the economy why are they giving the corporate whores these tax breaks?

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