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re: Louisiana Film Tax Credit: Good or Bad?

Posted on 1/22/14 at 12:47 pm to
Posted by Zed
Member since Feb 2010
8315 posts
Posted on 1/22/14 at 12:47 pm to
I don't live in Louisiana, but it seems awfully silly to me to throw tens of millions of taxpayers' money at temporary jobs for a small segment of the state's population. I hope we don't do that shite in Alabama.
Posted by notiger1997
Metairie
Member since May 2009
58268 posts
Posted on 1/22/14 at 12:57 pm to
quote:

I don't live in Louisiana


And you also don't understand very well how this program works.
I think the latest calculations show upwards of $750 million spend by the film industry in the state last year.Probably will be more this year.

That is a shite load of hotels, apartments, restaurants, caterors, and crew that are getting good money out of this investment by the state.

It isn't perfect, but as far as gov. spending, this one is a win win to me.
IB will be along shortly to tell us all the real truth though and will argue into the wee hours of the morning if you don't believe him.
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