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The researchers [should have] found that film subsidy programs:

* reduce finite state funds usually allocated for other needs
* benefit few citizens in one industry while leaving the tax burden to all taxpayers and other industries that are not subsidized
* foster a race-to-the-bottom mentality where states continually up-the-ante to "remain competitive"

1 posted on 03/23/2010 6:59:58 AM PDT by decimon
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To: decimon

that is taking a short view of the situation. Once movie companies start building studio’s and hiring trained individuals locally to work in them the revenue starts to flow. It is happening in Michigan.


2 posted on 03/23/2010 7:11:46 AM PDT by 70th Division (I love my country but fear my government!)
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To: decimon

Is MI governor Granholm listening? She is a big supporter of these subsidied and hand outs.


3 posted on 03/23/2010 7:14:09 AM PDT by C19fan
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To: decimon
"State tax incentives for filmmakers has opposite desired effect"

The story says that the tax credits have reduced overall tax revenues. The headline implies that the desired effect was "the opposite" of this.

Is there any evidence given that somebody seriously thought that the "desired effect" was to enhance tax revenues?

9 posted on 03/23/2010 8:01:26 AM PDT by Erasmus (Lying fallow in preparation for planting season)
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