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re: WSJ major opinion piece on film industry welfare--quotes Jindal
Posted on 6/21/14 at 3:29 pm to La Place Mike
Posted on 6/21/14 at 3:29 pm to La Place Mike
quote:
The economic benefits are very few
How do you know?
Even the film proponents say it is only $1 billion in economic activity. A SWAG that is very small considering it takes income of $3.6 BILLION--taxable income mind you--to generate the $250 million we give them.
I would guess it takes about $50 billion in what they enclose in their "economic activity" number to generate the $3.6 billion in taxable income to generate the taxes to give them $250 million.
This post was edited on 6/21/14 at 3:32 pm
1
Posted on 6/21/14 at 3:42 pm to I B Freeman
quote:Are you saying the state writes checks to the film industry in amount of 250 million? Whose budget does that come out of?
the taxes to give them $250 million.
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