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![]() ![]() With Obama at the helm in 2015, Broadway producers were given special tax breaks by Congress. Now that Republicans have control of the House, Senate and presidency, their special treatment is likely going to end. "Brilliant, absolutely brilliant of the Hamilton cast to embarrass Pence at a time when Broadway needs Republican votes in Congress. Genius," former New York Times journalist Joel Engel said of the incident on Twitter.
Engel was quoting from this article in Bloomberg News from June, Broadway Wants Longer Tax Break as 'Hamilton' Prints Money": Alexander Hamilton introduced the idea of federal taxes. Broadway producers enjoying a record season buoyed by his namesake musical are lobbying Congress to limit what they owe.Perhaps the Republicans should pass a special "windfall profits" tax just for Broadway instead. Follow InformationLiberation on Twitter and Facebook. |