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re: Louisiana Film Tax Credit: Good or Bad?

Posted on 1/22/14 at 12:57 pm to
Posted by notiger1997
Metairie
Member since May 2009
58264 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.
Posted by Zed
Member since Feb 2010
8315 posts
Posted on 1/22/14 at 1:01 pm to
quote:

That is a shite load of hotels, apartments, restaurants, caterors, and crew that are getting good money out of this investment by the state.
Is it a legitimate use of taxpayers' money to subsidize jobs for those people?
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 1/22/14 at 2:38 pm to
quote:

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.


there's a famous PT Barnum quote I'm think of now...can you guess what it is?

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