Your Tax Dollars Are Hard At Work Subsidizing Video Game Companies

Your Tax Dollars Are Hard At Work Subsidizing Video Game Companies

The government has played a part in keeping video game companies as profitable as they are, offering tax incentives that bolster the businesses’ bottom lines. Game companies have managed to benefit from a slew of arguably outdated tax credits, deductions and write-offs largely intended for other companies. Gaming companies also take advantage of a 1950s-era tax break, expanded in 1969 to include software companies, that lets businesses deduct research and experimentation costs immediately. [More]