On: Deleting and destroying finished movies

[verisimi]

Why are movies given tax breaks at all, is the question.

[prepend → verisimi]

It’s not specific for movies. All businesses only pay taxes on profit. And the expenses spent to produce things are a “tax break” to offset revenue.

This is done because it’s hard to pay taxes if you don’t make a profit as your money is already spent on other stuff like resources, people, etc.

[fred_is_fred → verisimi]

I think this specifically is a write off, same as if you made 500,000 widgets and nobody bought them.