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Video Game Companies Cash In on Tax TokensPosted on Sep 11, 2011
American video game developers are benefiting from an odd combination of tax breaks many analysts say are intended to encourage industries that serve the public good by providing broadly valuable social services. An odd combination of industry characteristics allows gaming businesses to claim a variety of tax incentives that companies in other fields cannot. At sales of $15 billion a year, the video game industry is now one of the most highly subsidized in the country, according to a former Treasury Department official. —ARK
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