Obama plans $246 million in tax breaks for the rich!

What in the name of all holy h3ll do the RICH need more tax breaks for? I think it's the poor people who need some breaks now and then. People like my husband and I who are on low incomes (disability, social security) more than the people who are already rolling in money,

Wow, talk about being misleading! I didn't see any information about this in the link you posted other than the list which included "$246 million for Hollywood movie producers" or something to that effect so I had to do more research. I can certainly understand how some people would be opposed to this particular tax break but they should at least know what they're opposing! Read more about it here: http://www.thewrap.com/article/1228 Senate Minority Leader Mitch McConnell's office said Tuesday morning that the provision would allow investors in bigger-budget studios to write off 50% of movie making equipment, which could be worth $246 million over 11 years. According to Congress Daily, a trade paper, the Senate bill, like the House version, extended tax incentives allowing companies to write off 50% of their equipment costs. But the Senate bill was amended to include "certain motion picture film or videotape," increasing the provision’s cost from $5.07 billion to $5.32 billion. Congress Daily quoted a lobbyist for the industry as saying that the movie equipment has been "unfairly excluded" from bonus depreciation in the past, which has generally applied to most other equipment purchases. But Republicans are hopping mad about the addition to the bill, decrying it as an example of pork and of payback from an Obama administration that got lots of love from Hollywood during the campaign. Sources say that Sen. Tom Coburn, a Republican from Oklahoma who has been a leader in the fight against entitlements, plans to offer an amendment to strike the provision, as early as today. (End of excerpt) Funny you'd say that these tax breaks are "not only for the rich, but for the rich that don't even provide jobs for ordinary Americans," because it was just reported that the Michigan Governor just announced plans for a movie studio in her state which would provide jobs for a large number of people. I don't have the exact number for you right now, so please don't attack me for it, but you ARE aware that making a movie takes more than just a director and some actors, aren't you? Annie