They claim 13000 employees. The truth is 13000 names appeared on 941s during the year. That is far from full time worker BUT let's examine that number.

We spent around $200 million subsiding these companies. That is $15384.00 person. We would be better off to collect their names and simply give them $15000 apiece. Would anyone support that?

I bet you if you take out the multi million dollar payments to actors and consider all the part timers in that 13000 the $15000 want be far from the total earnings of most of the people on those 941s.

This is a "industry" of gypsy companies that need no fixed capital to speak off and can move around states like crazy. There will never be a permanent movie industry in Louisiana without tax payers subsidies.

If you proponents of this kind of welfare want to pick winners and losers how about giving the money to a real industry with brick and mortar investments and long term viability that will domicile here and actually pay taxes.

NONE of the light weights here that support these credits can make the case why we should give this industry 30+% of the expenses instead of Boeing or Google or Microsoft or even a snowball stand.

What is a shame about these numbers if the number of films that WERE NOT produced here. Even with the richest subsidies in the country we can not attract the majority of the films.

It is stupid to support these subsidies.

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Posted by Ralph_Wiggum

Sugarland

Member since Jul 2005

10704 posts

Posted on 3/7/14 at 6:27 pm to I B Freeman

quote:
This is a "industry" of gypsy companies that need no fixed capital to speak off and can move around states like crazy. There will never be a permanent movie industry in Louisiana without tax payers subsidies.

If you proponents of this kind of welfare want to pick winners and losers how about giving the money to a real industry with brick and mortar investments and long term viability that will domicile here and actually pay taxes.

I agree, it's foolish to give such tax breaks to the movie industry. You will never see the major studios and smaller studios and production companies based in Louisiana.

Louisiana needs to base its economy on Energy, petrochemicals, agriculture, seafood, the port facilities and potential of New Orleans and Baton Rouge.

When you consider that Minneapolis-St. Paul at the head of the Mississippi is larger and has a better economy than New Orleans which is at the mouth of the Mississippi it's mind boggling. Most cities at the Delta and end of a major river like Shanghai, Rotterdam, and Karachi are the bigger cities.

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Posted by VOR

Member since Apr 2009

63753 posts

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.

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Posted by SammyTiger

Baton Rouge, LA

Member since Feb 2009

67789 posts

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

This post was edited on 3/10/14 at 5:08 pm

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