AGMA is opposed to the tax bill currently before Congress. The tax revisions, if approved, will negatively affect a large majority of our membership in the form of higher taxes. This tax bill will eliminate the deduction of ordinary and necessary unreimbursed business expenses, which means many members will no longer be able to deduct expenses such as management fees, travel, voice lessons, or your union dues. We are asking you to act fast and let Congress know how this bill will hurt you and your colleagues (the vote is imminent so act now).
For more information see this article in the The Hollywood Reporter which stated that an analysis of the bill "showed that the middle-class is expected to suffer hefty increases under the new legislation, and that the poor will get soaked even worse." The analysis, conducted by Actors’ Equity Association, shows how the tax bill would result in higher taxes for different categories of performers.
Even if your representative is already opposing the bill, it is important to record your opposition. Please contact your representatives today. Thank you.
