Tuesday, January 31, 2012

Markets in Everything: Celebrities Paid to Tweet

How Much Can a Celebrity Make for Tweeting?  For some, thousands of dollars per tweet.


At 1/31/2012 12:22 PM, Blogger Che is dead said...

Sounds like perfect fodder for a "windfall profits tax". After all, aren't these the same people who routinely lecture us about the growing gap between the rich and the poor, and the need to "pay our fair share"? It's time to repeal the "Eisenhower tax cut":

One of the things that's been floating around the Web over the past week is a video clip from 1953. It's a short film produced by the motion picture industry, seeking the end of a 20 percent excise tax on movie theaters' gross revenues that had been imposed at the end of World War II as a deficit-cutting measure. (Yes, gross, not net).

In the film, figures ranging from industry big shots to humble ticket collectors talk about how the tax is hurting their industry and killing jobs, and ask Congress to repeal the tax.

They even explain, in a sort of pre-Art Laffer supply-side way, that a cut in theater taxes might actually produce an increase in federal revenues as the result of greater economic growth ...

Today, those industries are a major source of Democratic contributions and spread-the-wealth rhetoric, even as they prosper based on this tax cut, and numerous other bits of favorable treatment scattered throughout the Internal Revenue Code. It's time for a change. -- Washington Examiner

At 1/31/2012 1:13 PM, Blogger Buddy R Pacifico said...

twts, hell, im getng milun$ for this comt alone!


At 1/31/2012 1:16 PM, Blogger morganovich said...

isn't this pretty much exactly the same as paying a celebrity to weak nikes or recommend tang on tv?

lots of people get paid to blog about stuff too. some of the weight loss supplement guys have done a great deal with this as it gets them around the prohibition against advertising using individual results as opposed to "typical" ones.

At 1/31/2012 3:16 PM, Blogger juandos said...

Oh those filthy, thieving 1% types?

Shame on them...:-)


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