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re: Louisiana - The Movie-Making Capital of the World
Posted on 3/7/14 at 6:39 pm to Easy
Posted on 3/7/14 at 6:39 pm to Easy
quote:
You didn't read the article. The primary location gets the credit.
HBO's True Detective is filmed in Louisiana but edited in New York. They get tax credits from both states.
0
Posted on 3/7/14 at 7:45 pm to I B Freeman
quote:
I B Freeman
One of these days, when I give enough of a shite to deal with your silly obsession, I'm going to provide you with some data that counters your argument but which you will deny and stomp your feet. But I'll give you a clue. As I've told you before, the analyses fail to adequately measure effects on local economies and the long term growth of an industry and its infrastructure. I promise you that there are a lot of people who have industry related jobs in Louisiana (primarily South Louisiana) that wouldn't exist but for the tax credits.
Posted on 3/7/14 at 9:29 pm to VOR
quote:
One of these days, when I give enough of a shite to deal with your silly obsession, I'm going to provide you with some data that counters your argument but which you will deny and stomp your feet. But I'll give you a clue. As I've told you before, the analyses fail to adequately measure effects on local economies and the long term growth of an industry and its infrastructure. I promise you that there are a lot of people who have industry related jobs in Louisiana (primarily South Louisiana) that wouldn't exist but for the tax credits.
Don't even try unless you are going to explain why other industries shouldn't get it.
If you would just think a minute you would understand how bad we are getting screwed.
Posted on 3/7/14 at 9:40 pm to flyby
quote:
This has been my favorite topic to follow. I specifically have enjoyed the board "experts" arguing about this with you only to turn around a few months later in the next thread and essentially concede all the things they argued about in the previous one.
They fall into about three groups:
1) the naive that love all the things they perceive to be good about film making--they feel a certain smugness promoting something high and might and artsy. These have no financial sense and are incapable of comprehending the size of the of the subsidy.
2) those that believe Bobby Jindal and the government would never support a huge giveaway and that because Bobby is for it they are for it---these people are chamber of commerce republican types that believe "economic development" financed by the government has magical impacts. Parade a state employed economist in front of them touting the boss's line and they are sold.
3) the profiteers either employed by the industry or profiting from trading the credits--this group includes the politicians that profit. This groups hired spin masters to create an "analysis" of the benefits of the subsidy. They use the term economic activity and budget cost almost interchangeably. They keep the other groups in a fog.
Posted on 3/7/14 at 9:59 pm to VOR
quote:
One of these days, when I give enough of a shite to deal with your silly obsession, I'm going to provide you with some data that counters your argument but which you will deny and stomp your feet. But I'll give you a clue. As I've told you before, the analyses fail to adequately measure effects on local economies and the long term growth of an industry and its infrastructure. I promise you that there are a lot of people who have industry related jobs in Louisiana (primarily South Louisiana) that wouldn't exist but for the tax credits.
I disagree with some of IB's conclusions and can almost certainly target (after some research) worse areas of waste and graft than film production credits but his fundamental question, Is putting this much money into one targeted, specific sector the best investment?, is a very valid one.
This post was edited on 3/7/14 at 9:59 pm
Posted on 3/7/14 at 10:28 pm to Walking the Earth
quote:
I disagree with some of IB's conclusions and can almost certainly target (after some research) worse areas of waste and graft than film production credits but his fundamental question, Is putting this much money into one targeted, specific sector the best investment?, is a very valid one.
That fair but you will find few areas of waste and graft in State government spending bigger than the film subsidies.
$200 million is a lot of money in the state budget.
Posted on 3/8/14 at 9:17 pm to I B Freeman
quote:
1) the naive that love all the things they perceive to be good about film making--they feel a certain smugness promoting something high and might and artsy. These have no financial sense and are incapable of comprehending the size of the of the subsidy.
frick you. You're full of self-righteous shite.
quote:
) those that believe Bobby Jindal and the government would never support a huge giveaway and that because Bobby is for it they are for it---these people are chamber of commerce republican types that believe "economic development" financed by the government has magical impacts. Parade a state employed economist in front of them touting the boss's line and they are sold.
Jindal is quite likely much more full of shite than you. He's a phony.
quote:
3) the profiteers either employed by the industry or profiting from trading the credits--this group includes the politicians that profit. This groups hired spin masters to create an "analysis" of the benefits of the subsidy. They use the term economic activity and budget cost almost interchangeably. They keep the other groups in a fog.
If only you were as bright and perceptive as you think your are . . . but, alas.
Posted on 3/8/14 at 11:15 pm to VOR
quote:
If only you were as bright and perceptive as you think your are . . . but, alas.
Uhhh which group do you belong to VOR?
Posted on 3/8/14 at 11:20 pm to Radiojones
quote:
Obviously this excludes porn
They should repeal those tax credit bans that Crowe pushed through. They could capitalize on the porn industry looking for a home. Vegas is in the lead for that right now.
Posted on 3/8/14 at 11:40 pm to jmarto1
Mississippi will surpass LA in film credits.
Our republican majority want to rise above the level of credits given in LA.
Our republican majority want to rise above the level of credits given in LA.
Posted on 3/8/14 at 11:42 pm to I B Freeman
quote:
Uhhh which group do you belong to VOR?
You assume I even give credence to your categories?
Posted on 3/9/14 at 12:32 am to jmarto1
I love having the stars in our state and being the King of the movie industry. It brings positive attention to the state.
Posted on 3/9/14 at 5:16 am to matthew25
Ok I really dont know and have never followed it. How do these subsidies work? Is it just tax credits?
Posted on 3/9/14 at 11:18 am to matthew25
quote:
Mississippi will surpass LA in film credits.
Our republican majority want to rise above the level of credits given in LA.
Mississippi doesn't have the money to beat Louisiana in giving away subsidies to the film industry.
Posted on 3/10/14 at 12:58 pm to bencoleman
quote:
How do these subsidies work? Is it just tax credits?
No, it isn't. It's the state outright paying for 1/3 of the business expenses of one hand-picked industry.
Posted on 3/10/14 at 1:02 pm to VOR
quote:
frick you. You're full of self-righteous shite.
Quality post. Nuanced. Likely to win over the undecided. Would read again.
Posted on 3/10/14 at 1:06 pm to I B Freeman
quote:
the naive that love all the things they perceive to be good about film making
Aaannnnd, here's where you tip your hand.
As I said before, just hang in there, dude. Somebody will eventually give you a speaking part, or buy that crappy screenplay you've been working on for 10 years.
Posted on 3/10/14 at 1:30 pm to I B Freeman
It doesn't add up.
First we give away 200 million dollars of revenue to the state
and then we see on the table posted on page one of this thread that the movie people only spend 750 million dollars a year here in Louisiana.
It takes a lot of commerce for Louisiana to create 200 million dollars a year in revenues, and to give that away so that we can create less than 4 times that amount in total spending seems out of whack.
Would we do better if we gave Toyota 200 million to build a car plant, then next year give Samsung 200 million to build an electronics plant, and then the next year give Exxon 200 million dollars to build a new refinery, etc????
200 million dollars is a lot of inducement, are we getting enough bang for our bucks?
First we give away 200 million dollars of revenue to the state
quote:
$200 million is a lot of money in the state budget.
and then we see on the table posted on page one of this thread that the movie people only spend 750 million dollars a year here in Louisiana.
It takes a lot of commerce for Louisiana to create 200 million dollars a year in revenues, and to give that away so that we can create less than 4 times that amount in total spending seems out of whack.
Would we do better if we gave Toyota 200 million to build a car plant, then next year give Samsung 200 million to build an electronics plant, and then the next year give Exxon 200 million dollars to build a new refinery, etc????
200 million dollars is a lot of inducement, are we getting enough bang for our bucks?
Posted on 3/10/14 at 2:22 pm to BigJim
quote:
Once we have boxed out every state but CA, then we can bring down the subsidies some.
How naive.
The subsidies have to be permanent. What happens if you drop the subsidies and other states decide to offer 25% to 35% of production costs?
hint: they gone.
Posted on 3/10/14 at 5:03 pm to I B Freeman
ok so if we spend 200 million subsidizing movies, and the spent 750 million in LA...
that seems like a net positive for the state.
Even if the films stars and workers are "gypsies" they still eat, and buy clothes, and rent places to stay.
so do we give away 200 million or is some of that tax credits? Also where is this number coming from. I am pretty confused
that seems like a net positive for the state.
Even if the films stars and workers are "gypsies" they still eat, and buy clothes, and rent places to stay.
so do we give away 200 million or is some of that tax credits? Also where is this number coming from. I am pretty confused
This post was edited on 3/10/14 at 5:08 pm
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