Schwarzenegger Passes Hollywood Tax Credits While CA Nears Bankruptcy People Magazine Daily:
"Arnie says, “Hasta La Vista, Taxes!”
Most California state programs and departments are suffering from billions of dollars in spending cuts, but the film and TV production industries will soon be receiving millions of dollars in tax credits thanks to Governator Arnold Schwarzenegger.
The money for the credits was set aside in February during the state budget negotiations. The budget also included a change in the way corporate taxes are calculated by 2011"
"Arnie says, “Hasta La Vista, Taxes!”
Most California state programs and departments are suffering from billions of dollars in spending cuts, but the film and TV production industries will soon be receiving millions of dollars in tax credits thanks to Governator Arnold Schwarzenegger.
The money for the credits was set aside in February during the state budget negotiations. The budget also included a change in the way corporate taxes are calculated by 2011"