Do Not Want to Pay This Tax
“The New York Daily News reports that budget documents state that ‘a talk or variety program’ that gets the credit ‘must be filmed before a studio audience’ of at least 200, have a production budget of at least $30 million or run at least $10 million in capital expenses — and has to have been shot outside New York for at least 5 seasons prior to relocation.” [The Interrobang]
And the host must not have a big chin?
To me this is like big stadiums – they always tell taxpayers it’ll return more than the investment, and it never does.
@blogenfreude:
Of course the rate of return is 0. The Carolina Panthers CEO has been in the news for bitching and screaming that the NFL players make too much for crippling back/knee/shoulder injuries and the threat of going senile at the age of 45 AND wanting a new taxpayer subsidized stadium. He got busted by leaked financial documents sent to Deadspin for making 112 million in two years
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