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Detailed text transcripts for TV channel - FOXNEWS - 20140419:18:11:00

In california, billionaire businessman elam musk is lobbying the state assembly for a ten-year property tax break for his space exploration company. and a bill currently on the assembly floor would expand the $100 million tax credit already given to film and television productions in the golden state. not to be outdone, new york senator chuck schumer last week pushed a plan to get broadway investors the same subsidies given to their hollywood counterparts. we re back with dan henninger and mary o grady, wall street journalist, system editor james freeman also joins us. james, i thought we were in an era of tax fairness, where the rich were supposed to pay more. it s funny. democrats, they get the idea that low tax rates encourage business activity, only when they re talking about hollywood, green energy. elan musk, he s in green energy, but i guess his space exploration company will get a break as well. i wish they would understand the ....

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