ROMNEY WOULD END SUBSIDY TO PBS

Mitt Romney’s comment in a recent interview with Fortune magazine that he would eliminate subsidies to PBS, the National Endowment for the Arts, and the National Endowment for the Humanities is predictably being hailed by many conservatives and denounced by many liberals. In the interview, Romney said that although he appreciates what those organizations do [...]

REPORT: TAX INCENTIVES TO STUDIOS HURT TAXPAYERS

Big tax incentives being offered by states to Hollywood studios may look good to the producers, but to the states themselves? Not so much. LABizObserved.com cites a study by the Center on Budget and Policy Priorities that concludes that the revenue generated by movie productions shot in states offering subsidies falls short of the subsidies’ [...]