Critic: Fix Or Kill State's Film Credit Tax Program

Mr Kotter wrote:

<quoted text> "Cts laws" wow is that a term of art? You must be a lawyer; although, your diction and use of verb tense is more akin to a lawmaker. Well, I am afraid I have drafted more legislation and regulations than you could even read during those 25 years, so do not lecture me about "Cts laws", especially Title 12. Furthermore, your use of percentages rather than real numbers tells me that you understand economics about as well as you understand "Cts laws." As for the Republicans controlling the executive branch, I do not care. As I have stated, I am a Democrat and we have controlled the legislature during that same period so what is your point? I guess you have to change the subject when your argument does not standup to scrutiny. Second lowest in the nation! HaHa!

It is true and you just keep giving the bs rather than dispute it.
Most companies in CT now file as an LLC in order to avoid paying business taxes. Thats how webster gets around paying thier fair share and there are thousands of others. Ha! Gee that felt good.
You sound like a Jim Amman type of democrat dumb as a log. LOL

iBlog wrote:

<quoted text>
Like, if I were building manual typewriters, or horse-and-buggy tires, or exotically expensive unnecessary weapons, you think I would demand that the state taxpayers provide a subsidy to keep me working? No, I don’t think I would sink that low. Would you??

If CT loses productive workers, tourism and buisness--your job ultimately suffer will suffer-- It is about defending CT and all of its workers, the image of the state and the future. Not sure what you do for work,--but you will most certainly affected in the long run. If you actually care-but it seems as if you have a great deal of time on your hands-so maybe you don't.

Shark Bait wrote:

Corporate Tax Credit:
Form of WELFARE found acceptable to those folks on the right.

you are probably first in line for a handout

we are right wrote:

<quoted text>It is true and you just keep giving the bs rather than dispute it.
Most companies in CT now file as an LLC in order to avoid paying business taxes. Thats how webster gets around paying thier fair share and there are thousands of others. Ha! Gee that felt good.
You sound like a Jim Amman type of democrat dumb as a log. LOL

Mr. Koter makes sense. You sound like the one who is bsing. Are you talking about Webster Financial Corporation, the holding company, or Webster Bank, NA? Webster Bank, NA is a stock corporation not an LLC. Do you know what you are talking about? It isn't even an S-Corp. And Webster Financial is also a corporation not an LLC. You do not have any credibility. Hey, Mr. Koter send this fool to the principal's office.

Travis the Chimp wrote:

<quoted text> Mr. Koter makes sense. You sound like the one who is bsing. Are you talking about Webster Financial Corporation, the holding company, or Webster Bank, NA? Webster Bank, NA is a stock corporation not an LLC. Do you know what you are talking about? It isn't even an S-Corp. And Webster Financial is also a corporation not an LLC. You do not have any credibility. Hey, Mr. Koter send this fool to the principal's office.

Look it up Travis ol' buddy Webster Bank which ever one add them both up and thier TOTAL Business TAX to the state of Connecticut was a whopping $250
Want to find out for yourself just call the comptrollers office and ask for the PUBLIC info on Webster Bank and you will find out.
Oh yeah when Mr. smith of Webster Bank was recently asked if this was true his answer was no comment. Why is that??
So when you call your buddy Kotter on the phone let him know the facts are all there.
Yuo guys are soooo funny.

Travis the Chimp wrote:

<quoted text> Mr. Koter makes sense. You sound like the one who is bsing. Are you talking about Webster Financial Corporation, the holding company, or Webster Bank, NA? Webster Bank, NA is a stock corporation not an LLC. Do you know what you are talking about? It isn't even an S-Corp. And Webster Financial is also a corporation not an LLC. You do not have any credibility. Hey, Mr. Koter send this fool to the principal's office.

And Webster The CORPORATION FILED as an LLC Look it up!!
Go back in the corner hoo

we are right wrote:

<quoted text>It is true and you just keep giving the bs rather than dispute it.
Most companies in CT now file as an LLC in order to avoid paying business taxes. Thats how webster gets around paying thier fair share and there are thousands of others. Ha! Gee that felt good.
You sound like a Jim Amman type of democrat dumb as a log. LOL

If Webster legally files as an LLC, then their fair share is what ever an LLC should pay. There are pros and cons with every form of corporate governance. If Webster did, or did not, file as an LLC, why do you care? Are you saying that other states do not allow LLCs? They still pay the hords of other state business taxes including the gross receipts tax - you probably do not know what that is. By the way, Webster Financial Corporation's SEC filings indicate that they are a corporation, it did not file as an LLC. I do not know if you were hugged enough as a child or whether you did not get to go to the prom, but wow, you have a lot of issues. You sound jealous and bitter.

Mr Kotter wrote:

<quoted text> If Webster legally files as an LLC, then their fair share is what ever an LLC should pay. There are pros and cons with every form of corporate governance. If Webster did, or did not, file as an LLC, why do you care? Are you saying that other states do not allow LLCs? They still pay the hords of other state business taxes including the gross receipts tax - you probably do not know what that is. By the way, Webster Financial Corporation's SEC filings indicate that they are a corporation, it did not file as an LLC. I do not know if you were hugged enough as a child or whether you did not get to go to the prom, but wow, you have a lot of issues. You sound jealous and bitter.

Listen I don't care what they file as as long as they pay thier fair share in taxes.
If a corporation that made millions pays only $250 a year in state taxes and I have to pay $3000 a year on a lot less earnings there is a problem.
I was just trying to make the point that when you see and you will that the legislature is closing corporate loopholes in the state tax system, THATS what they will be closing.
So Mr. Smith of Webster may spend a million in advertising to save 2 but his company will no longer have the Rowland loophole to work with.
Have a nice day I am DONE.

gladyourmelting wrote:

<quoted text>
If CT loses productive workers, tourism and buisness--your job ultimately suffer will suffer-- It is about defending CT and all of its workers, the image of the state and the future. Not sure what you do for work,--but you will most certainly affected in the long run. If you actually care-but it seems as if you have a great deal of time on your hands-so maybe you don't.

That's not "time" - it's just shoe polish from this morning that wouldn't wash off.(I was HOPING no one would notice ...)

Someone is not thinking clearly... don’t let them influence you.
The Voices of Children Organization has embarked on a campaign to kill CT States Film and Tax Credits. Those that oppose the creation of a film and digital media industry in Connecticut have mobilized to eliminate the tax credit incentive program at the 11th hour, just as lawmakers are considering the future of the program in the context of the overall State budget.

VFC’s anti-film industry stance is being widely reported by the media right now. The facts, however, have not been reported. Only the sensationalism of their erroneous position seems to have made it to widespread press.
The film tax incentive program is working, generating an estimated $1.5 billion in new economic activity in our state and bringing the jobs and investment that are just what Connecticut needs in these difficult times and for it's future. Everyone from the state's film office to the former Speaker of the House of Representatives said the group got the numbers wrong and that Connecticut's film and digital industry is growing.
Karen Senich, executive director of the Connecticut Commission on Culture and Tourism, said Connecticut's program — which includes three different credits — still is in its infancy and continues to grow. The state has gone from less than $1 million worth of production in 2006 to about $600 million.

You can read more at our website: http://www.hdtv-entertainment.com/CT-TaxBenef...
Includes Recent News and Reports of Many States Tax Incentive Programs.

I for one would hate to be forced to move to New York State.

Richard Spangenberg
Executive Producer and Managing Director
HDTV-Entertainment

Dan wrote:

CT Voices for Children? What does this organization have to do with the film industry. Oh Won't somebody please think about the children?

LOL... Johnny may not be able to read, but he can make $100+ a day as an extra on set!

iBlog wrote:

<quoted text>
That's not "time" - it's just shoe polish from this morning that wouldn't wash off.(I was HOPING no one would notice ...)

With 219 posts--You definately don't spend that much time working....