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re: Apparently the movie boom isn't helping.

Posted on 8/14/14 at 4:39 pm to
Posted by doubleb
Baton Rouge
Member since Aug 2006
36155 posts
Posted on 8/14/14 at 4:39 pm to
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 by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 8/14/14 at 4:48 pm to
quote:

It is better than raising taxes on the population as a whole, and it's better than cutting vital services.
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.

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 by ragincajun03
Member since Nov 2007
21375 posts
Posted on 8/14/14 at 6:10 pm to
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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