Started By
Message

re: What is the board's opinion on jindal?

Posted on 6/20/14 at 10:50 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
135202 posts
Posted on 6/20/14 at 10:50 pm to
quote:

And wtf is wrong with the tax cuts? Is it not bringing money into the state?


I'm no expert on the subject, but it sounds as though they're not necessarily tax breaks but rather tax credits that can be traded or used otherwise. So (as I understand it) they pay no taxes while here then get additional tax credits on top of that. I think that particular poster says that those credits far outweigh the economic injection the service industry gets while companies are filming here.
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 6/20/14 at 10:58 pm to
The transferable tax credit program is a subsidy. It punishes those who don't give money to the movie industry by levying a tax against you if you don't buy tax credits from these private entities.

This post was edited on 6/20/14 at 11:10 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram