Cronyism is – and has been for generations – a bi-partisan issue.
Today the NC House introduced a bill to extend the tax credits for movie and TV production, a pure form of dispensing political privilege to wealthy Hollywood studios. The bill, HB 1142, has four primary sponsors and five co-sponsors and also extends tax credits for rehabilitating “historic” buildings. Both parties are represented in sponsoring this latest form of crony corporatism.
The bill’s sponsors are: