Shutterspeed what do you think that means?
I haven't followed the money trail. The only things I can tell you are that production money has to be spent and audited in MS before any tax rebates can be realized. And the biggest rebates apply to in-state wages and out-of-state wages that are subject to state taxation.
Then you should study it more. Right now you are one of the gullible.
I bet you this--any amount you want to bet--that he people in Greenwood that they claim got that $13 million would not agree to pay 30% of that to the film makers to get them to film again.
(remember buying a $5 hamburger counted and the guy that sold it might have made .50 on that $5 so it is BS to think the people of Greenwood are $13 million rich after the movie filmed there).
I am very familiar with a couple of film shoots in a couple of small Louisiana towns and in both instances the sales tax collections during the filming WENT DOWN. You never see the film industry's propaganda considering the cost of their disruption of regular business.
No possible way the film tax credits are good for Louisiana. NONE.
It is very misleading the statement in your link that says the film industry in Louisiana employs 10,000 people here too. That is utter BS. There may have been 10000 people throughout a year that got some wages from some film or some contractor to a film but most had very short employment resulting from any one film.
I suspect that like in all economic development they have taken a lot of liberties in counting those jobs. I once looked at a LSU economic professor's logic in predicting the number of jobs a coming business would generate. He "guessed" existing freight companies would add 5 full time drivers because of the plant's operation. I asked him if he knew how many pounds of freight the company would ship and he didn't know. He said it was his best "estimate". Of course the proponents of giving the money to the plant counted those 5 drivers in the publicity saying how many jobs they would produce.
Film tax credits should end today.
I am very interested to see how it is Jindal intends to keep these tax credits yet he will end corporate taxes. He is just going to call them what they are with no corporate income taxes and that is handouts??