Sunday, February 7, 2010

CNSNews.com - Michael Moore Seeks Million-Dollar Refundable Tax Credit (from Program He Trashed) to Cover Costs of His Anti-Capitalist Movie

CNSNews.com - Michael Moore Seeks Million-Dollar Refundable Tax Credit (from Program He Trashed) to Cover Costs of His Anti-Capitalist Movie: "(CNSNews.com) – Filmmaker Michael Moore has been approved to receive a refundable tax credit of up to $1 million from the State of Michigan Film Office for his 2009 documentary, “Capitalism: A Love Story,” and a Republican state senator in Michigan wants her state's money back. Two years ago, Moore attacked the movie-subsidizing program for giving 'free money' to corporations.

“That’s a refundable tax credit, so that’s just a handout,” Michigan Sen. Nancy Cassis told CNSNews.com Friday from her office in Lansing. “I am just aghast at his asking for the taxpayers of Michigan to donate $1 million out of our already impoverished general fund to support his film--that trashes our economic system.”

In July 2008, Moore participated in a panel discussion at the Traverse City Film Festival, where he attacked the tax-credit program.

'These are large multinational corporations--Viacom, GE, Rupert Murdoch--that own these studios,' Moore said. 'Why do they need our money from Michigan, from our taxpayers? We’re already broke here. Why? I mean, they play one state against another and so they get all this free cash when they’re making billions already in profits. What’s the thinking behind that? … Giving free money to a bunch of billionaires.'"

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