The Propaganda of Hollywood and the Fed's . . . .

[redcliffsw]

Not content with just the movie industry, the US government has also turned to the video game industry in more recent decades. In David Sirota's book Back to Our Future, he affirms that much of the video game industry is so favored by the military and military contractors that even oil companies have questioned why the state should go out of its way to promote such a handsomely profitable industry through tax credits and special deductions. These tax incentives make video game production one of the "most politically-favored industries" in the United States, says Calvin H. Johnson, who has worked at the Treasury Department and is now a tax professor at the University of Texas at Austin. Due to video game companies combining software development, entertainment, and online retailing operations, they can combine tax breaks in ways that companies like Adobe and Netflix cannot.

http://mises.org/daily/6826/Hollywood-and-the-State-A-Longtime-Partnership