One woman’s ludicrous is another one’s government subsidy, apparently.
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And do the same people reject Adam Smith and the ideas in the Wealth of Nations because he worked collecting tolls for the government of his time?
Oh, brother! They’re really scraping for something to pin on Sarah. How pathetic.
I believe that Gov. Corbett has decided not to remove the tax credit for companies wanting to film in PA as well. Get the noose!
The concept of a profitable return on national advertising for a show about your state, escapes these morons.
LLS
Did she get the money from Alaska or did TLC get it? Most states like Oregon are using state dollars to attract the film industry.
Pray for America
States have way more leeway to do these kinds of things. Nothing at all wrong with this and totally Constitutional, unlike when the FEDERAL GOVT does these things with no Constitutional mandate, stealing money from one state to give to another.
Hey, DC Republicans! You see this? It's called defending yourself and your record. You need to learn how to do it instead of puddling the floor and hiding under your desks every time the RATS call you a name.
So, if the production company that filmed the reality show got a $1.2 million tax credit, then that means that it spent at least $4 million in production costs in the state of Alaska, which generated tax revenues and other income in the state. Sounds like the incentive program worked.
That's game, set, match for me right there.
I fail to see the problem. A basic conservative prinicple is that tax cuts spur the economy increasing overal revenue. This is a tax cut that benefits Alaska’s economy increasing overall revenue. There must be an error in the title since no real conservative would fault Palin for signing the legislation or for a company to make use of the credit.
I fail to see the problem. A basic conservative prinicple is that tax cuts spur the economy increasing overal revenue. This is a tax cut that benefits Alaska’s economy increasing overall revenue. There must be an error in the title since no real conservative would fault Palin for signing the legislation or for a company to make use of the credit.
If the tax credit ends up bringing more money to the state than it cost then what’s the problem?
A 30% tax credit is modest when it comes to these give-away programs, but if you don’t like it - tell it to the Alaska Legislature. They’re the ones that enacted the law.
It’s not like Sarah Palin was going to film her program about Alaska in North Dakota, after all. The subsidy was totally unnecessary, and similar programs have proven to be completely ineffective everywhere they’ve been tried.
But it’s the legislatures fault - not Palin’s.
Peter Suderman of the libertarian Reason Magazine cracked: “In 2008, Sarah Palin, then the Governor of Alaska, signed a special tax credit for filmmakers into law. … Who’s benefiting from that tax subsidy now? … none other than Sarah Palin.”
Probably a Paul supporter.
In 2010 Alaska took in more than $200 million in tax revenue from the tourist industry, plus another $1 billion in tourist-generated business. The tourist industry supports more than 30,000 jobs. So it’s quite possible - likely even - that the $1.2 million to Palin’s producers will generate much more revenue than it cost. That’s why the program exists.
This is proof that lowering taxes generates wealth.
And of course the left are complaining about it.