Posted on 01/09/2020 11:13:32 PM PST by knighthawk
Ricky Gervais didn’t flag this particular outrage at the Golden Globes, but Empire State Development Corp. chief Eric Gertler did it the next day: Seven of the winners, all sure to make a good profit for their producers, were subsidized by … you.
Via the state Film Production Credit, the EDC hands $420 million a year in taxpayer cash to companies that film in New York, by far the most generous Hollywood subsidy of any state.
Gov. Andrew Cuomo and other politicians love this giveaway because it lets them hobnob with (and fundraise from) the grandees of Tinseltown. But it’s a rotten deal for the public.
(Excerpt) Read more at nypost.com ...
Thanks knighthawk. It's called welfare for the rich.
When Andy was in charge of HUD several billion dollars vanished.
I’m still wondering where it went.
And Charlene deblowjob, the mayors wife is still looking for the 800 million for mental health that disappeared
New York state faces $6.1 billion budget hole next year: officials
Here’s the incentives for every state:
STATE FILM PRODUCTION INCENTIVES & PROGRAMS
http://www.ncsl.org/Portals/1/Documents/fiscal/2018StateFilmIncentivePrograms_20189.pdf
Hollywood is corporations, yet they are one of the kinds of big money corporations that Leftists don’t mind subsidizing.
A great benevolent dictator would not only stop all those subsidies but boot from office the legislators that voted for them and the chief executives that passed them out.
Hollywood needs to pay their fair share!
Yeah, amazing isn’t it?
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