
10-21-2008, 12:56 PM
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Senior Club Cobra Member
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Join Date: Aug 1999
Location: Ellington,
CT
Cobra Make, Engine: Classic Roadster 351W, T5, Red & White
Posts: 3,478
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Not Ranked
A different, non-political, perspective of the EESA 2008
" Ugh. A sad commentary on our political system. Here, without the lipstick, are some of the ugliest cuts from the pig:
An Oregon toy arrow maker gets a 39 cent per arrow exemption from an excise tax. Now should that have been part of this bill?
Now Hollywood filmmakers of all sizes (not just small ones) get a $15 million break for a movie made in the U.S. Think about that the next time you pay $9.50 to see a mediocre sequel.
The special seven-year depreciation perk for auto race tracks was extended for two years. Why?
Here's a stinker that sounds like a piece of good pork. If you were so unfortunate as to own Freddie or Fannie securities you could treat the loss as ordinary income (not subject to a $3,000 limit). But read on: It turns out it's just for banks who owned the securities -- not private investors."
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http://www.marketwatch.com/News/Stor...n0y6KIY4zvzfXA
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