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re: Apparently the movie boom isn't helping.
Posted on 8/14/14 at 4:39 pm to C
Posted on 8/14/14 at 4:39 pm to C
quote:
Is the purpose of the movie boom to help the state government or help the people of the state?
If the state doesn't have enough revenues, and has to cut the budget; I have no problem with that at all.
And one of the things to cut out is the Film Tax Credit program and other superfluous programs.
It is better than raising taxes on the population as a whole, and it's better than cutting vital services.
Posted on 8/14/14 at 4:48 pm to doubleb
quote:I agree 100%. There is no question that taking away subsidies that distort the economics of an industry for the benefit of a few is the best place to begin balancing the budget. Let their industry sink or swim competing on the same playing field as other industries must.
It is better than raising taxes on the population as a whole, and it's better than cutting vital services.
Does Louisiana need to eliminate the Film Tax Credit program entirely? I think it should be given serious consideration. There may be a level at which the credits actually are a net positive to the state. But you would have to provide some solid numerical evidence to convince me where that level is. I don't think trying to find it by trail and error is a good idea.
Posted on 8/14/14 at 6:10 pm to doubleb
quote:
And one of the things to cut out is the Film Tax Credit program and other superfluous programs.
It is better than raising taxes on the population as a whole, and it's better than cutting vital services.
Careful saying that on this board.
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