If you’ve been to the movies recently and stayed until the very end of the massive list of names that follows the film, you may have noticed the startling number of tax credits and other subsidies being doled out to producers by states and cities. The new Avengers movie received somewhere around $30 million in credits from Georgia. Captain America received some $20 million to shoot in California.
Such gifts are unbecoming, considering each of these films grossed hundreds of millions in profits within the first few weeks of its release. But nothing beats the forehead-smacking stupidity of the governments currently throwing billions of dollars in corporate welfare at the richest man in the world, writes Veronique de Rugy.
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