And what's wrong with that if it benefits both the film industry AND Michigan taxpayers? If you don't get people in jobs you're still going to be paying for them through state aid programs! At least the film industry is bringing private money to spend in the state.The ONLY reason they are here is because the state is massively subsidizing their projects, and the fact that the ending of those subsidies means the loss of the industry is proof of that.
I'll temper my argument by saying that I'm not in favor of any tax credits or public funding for any for profit industries, but to subsidize an industry that is completely mobile is a complete waste of our tax dollars.
The climate in Michigan would mean that any jobs in the industry would be at best a seasonal activity with limited production during inclement weather [[There's a reason the industry thrives in sunny California). Also with most large tax subsidies/credits there's usually a long term agreement for instate jobs, or long term capitol improvement. With these credits there is none! It's cash your check and take nearly half back to California, and that's exactly what has been happening.
Because it does not benefit Michigan tax payers. It's costing Michigan more than it's bringing in, and the money could be be better spent on worthwhile programs [[Like the Pure Michigan Campaign). For the most part the benefits Michigan businesses receive from the film credits are limited to the production process. The actors, film crews and support staff leave and the benefits are gone! Programs such as Pure Michigan increase the visibility of our resources and support struggling businesses that we already have. With any luck the first trip to Michigan for a visiting tourist will not be his/her last. We'll reap the benefits of one tax dollar spent many times over for years to come, not get back 53 cents on the dollar.
Last edited by Johnnny5; February-18-11 at 05:34 PM.
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