Kansas, California lawmakers collaborate on tax break for independent recording industry - Butler County Times-Gazette

Butler County Times Gazette

Center

Factuality

Ownership

Kansas, California lawmakers collaborate on tax break for independent recording industry - Butler County Times-Gazette

By Tim CarpenterKansas Reflector TOPEKA — U.S. Rep. Ron Estes of Kansas performed a political duet with a California lawmaker for the introduction of federal legislation allowing independent artists, producers and labels to deduct from income taxes up to $150,000 in production expenses for new recordings. The Help Independent Tracks Succeed Act, or HITS Act, would allow up to 100% deductions for records created in the United States in the year t…