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Started By
Message
re: La. issued 251 million in tax credits in 2013.
Posted on 6/2/14 at 1:24 pm to Bard
Posted on 6/2/14 at 1:24 pm to Bard
quote:
If there were no tax incentives for the filming industry, how would that benefit the state?
Not Freeman, but the state would have 200 million more dollars to spend, or 251 million dollars of tax cuts they could give to its citizens.
The state could spend 251 million on roads, bridges, and port improvements. Things the state is there to do.
The state could use it to enhance education, hire more teachers, professors, etc. Things the state is there to do.
If the state spent the money on necessities or gave the population overall a tax break, it would benefit the state.
4
Posted on 6/2/14 at 1:28 pm to doubleb
Better yet.. Why don't we spend 21 billion instead of nearly 25 billion... We only spent 19 billion, less than, ten years ago
Posted on 6/2/14 at 1:44 pm to doubleb
I'm not trying to be argumentative (I could give a rat's arse either way), I just am having trouble following the logic here.
So your contention is that if these tax incentives weren't in place there would still be the same amount of filming going on?
Is the state allotting each film company a certain amount of money from the state coffers or is they just paying less in taxes?
quote:
They would not have been any cuts in any of Jindal's budgets if it weren't for film tax credits.
So your contention is that if these tax incentives weren't in place there would still be the same amount of filming going on?
quote:
Not Freeman, but the state would have 200 million more dollars to spend, or 251 million dollars of tax cuts they could give to its citizens.
Is the state allotting each film company a certain amount of money from the state coffers or is they just paying less in taxes?
Posted on 6/2/14 at 1:50 pm to doubleb
quote:
Not Freeman, but the state would have 200 million more dollars to spend, or 251 million dollars of tax cuts they could give to its citizens.
The state could spend 251 million on roads, bridges, and port improvements. Things the state is there to do.
Where would this $200M or $251M come from?
Posted on 6/2/14 at 2:00 pm to doubleb
quote:
Not Freeman, but the state would have 200 million more dollars to spend, or 251 million dollars of tax cuts they could give to its citizens.
but wouldn't the state be missing out on the 800+ million spent by the film industry and the 14,000 jobs?
This post was edited on 6/2/14 at 2:02 pm
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