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Tax plan would hurt “Violent video game” companies

by on February 27, 2014
 
Companies who create "Violent Video Games" would be hurt by new tax proposal.

Companies who create “Violent Video Games” would be hurt by new tax proposal.

As you purchase games and follow various gaming companies, do you give any thought to tax credits? Most likely not, although those who distribute and create the games depend on them when they’re looking at the financial information for their businesses.

You may be wondering why we’re bringing this up. The answer is simple; The Republicans have proposed a brand new Tax Reform Act which will deny credits from companies who make “violent video games”. The specific line in the Tax Reform Act of 2014 that we’re speaking of is the one that prevents “makers of violent video games from qualifying for the R&D tax credit.”

That said, the rest of the bill may arguably be good. What do you think, both of the bill as a whole and the portion regarding violent games? Should the latter be removed and the bill passed? Or should it be shot down?

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