Please ensure Javascript is enabled for purposes of website accessibility

Maryland Lawmakers Prepared to Take Their Tax Credits Back From House of Cards

Oh, Maryland, you're so funny:

Members of the Maryland House of Delegates are still stewing over a threat from the “House of Cards” producers to leave the state if they don’t get millions more dollars in tax credits.

So on Thursday afternoon, delegates issued a threat of their own: Sure, go ahead, leave this beautiful place that’s brimming with dedicated workers. But if you do that, state officials might use eminent domain to purchase, condemn or somehow seize your sets, equipment and other property.

The show has netted $26.6 million in tax credits over two seasons so far and seeks $15 million for season 3. In typical DC fashion, Kevin Spacey has already been shilling in Annapolis.

It's unlikely Maryland would actually seize the show's stuff, as the state Senate is probably going to cough up more credits.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

The 2022 Bloomberg Tax Author Awards Celebrate the Pinnacle of Tax Intelligence

Once again, in what can only be described as an attempt to market its tax platform, Bloomberg has released its annual awards for the Bloomberg Tax Authors of the Year. We’ll just mention the Federal authors of the year here, but there are also three other categories of Bloomberg author awards: State Tax, International Tax, […]

screenshot of Ask an AI Accountant answering a tax question about gambling winnings

GPT-4 Answers Tax Questions, Gets Them Mostly Right

These days there is a lot of yapping about what AI can and can’t do; it CAN answer bar exam questions so well it’s nearly in the 90th percentile of test-takers, it CAN’T search in real time to find up-to-date answers beyond what it’s been trained on so it won’t be getting stuck in a […]