Tax Breaks
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Star Wars: Starfighter's production budget tops The Force Awakens, but there's a big caveat
The upcoming Star Wars film, Star Wars: Starfighter, has a reported production budget of $226.5 million before marketing, exceeding that of The Force Awakens. However, a significant tax break of $51.5 million obtained from filming in the UK reduces the effective production cost to $175 million. The movie, directed by Shawn Levy and starring Ryan Gosling, is set five years after The Rise of Skywalker.
Bernie Sanders is mad about the Xbox layoffs
US Senator Bernie Sanders has criticized Microsoft and Xbox following recent layoffs, highlighting the company's significant profits and executive compensation. Sanders argued that corporate tax breaks do not create jobs and that the layoffs, coupled with a price increase for Xbox, demonstrate a flawed economic system. The article also references Sanders' past criticism of Bobby Kotick and the FTC's opposition to Microsoft's acquisition of Activision Blizzard.
