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Message

re: Film Industry a Boon to La!

Posted on 8/12/14 at 9:10 pm to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 9:10 pm to
quote:

Vouchers are not the answer!


BS

quote:

Film Tax credits work!


Works to screw taxpayers.

quote:

Catholicism is okay!


Of course it is even if corruption among the Church rulers runs rampant.
Posted by real
Dixieland
Member since Oct 2007
14027 posts
Posted on 8/12/14 at 9:13 pm to
The film industry has been a boon for us, and the money the State has put up has been made up many times over in permits and other taxes. Hell my bum of a brother in law made over 70',000 dollars as a extra last yr. Now he has been doin it for 5 yrs now and gets good gigs. I don't quite understand why people think its cost us more than we've gotten back.These companies pay cites like Baton Rouge a good chunk of change to close streets. That ain't free , nor is other things such as that.
This post was edited on 8/12/14 at 9:17 pm
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 8/12/14 at 9:17 pm to
Amazing how many people are suckered in by this scam. Amazing.

As sheriff Bart said ' they are soooo dumb'

I can just see the little celebrations after each of these dog n pony shows. Laughing at the ignorant looosiana folks that can't do the math while they cash million dollar checks.

Posted by doubleb
Baton Rouge
Member since Aug 2006
36589 posts
Posted on 8/12/14 at 9:18 pm to
I dream of the state reimbursing me thirty percent of my business expenses.

I bet if they did I'd be giving speeches too.
Posted by 4LSU2
Member since Dec 2009
37384 posts
Posted on 8/12/14 at 9:19 pm to
quote:

4LSU2 just how many more billion do you want to give the film industry leeches?


I'd much rather build buildings for private sector citizens that pump money into the local economy while maximizing my profit margins than spinning my wheels building shite for the government that is funded by the tax paying citizens at minimal profit margins.

How this plays into your extortion plan, I have no clue, but it is reality.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 9:29 pm to
quote:

I'd much rather build buildings for private sector citizens that pump money into the local economy while maximizing my profit margins than spinning my wheels building shite for the government that is funded by the tax paying citizens at minimal profit margins.


Well have we done that anywhere??? What percent of the $1.5 BILLION we gave away went to Louisiana companies??

What profit margins besides those of out of state actors and out of state film makers are being maximized?

Ok 4LSU2 do you support giving my business 35% of my expenses?? I guarantee you I will give the state more employees per dollar of subsidy than does the film industry.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 9:34 pm to
quote:

Amazing how many people are suckered in by this scam. Amazing.

As sheriff Bart said ' they are soooo dumb'

I can just see the little celebrations after each of these dog n pony shows. Laughing at the ignorant looosiana folks that can't do the math while they cash million dollar checks.


It is amazing the naivete of these film tax subsidy proponents.

They don't give a crap what it cost the rest of us so long as they get the little pile. Friggin sandwich maker that sells a movie $10000 worth of sandwiches doesn't care we paid for $3000 of them even if he only made a $1000 on them.

4LSU2 was probably one of the 14000 temporary movie extras they claim in the employment numbers one time and today he wants the rest of us to pay $300 million a year to these industrial leeches.
Posted by 4LSU2
Member since Dec 2009
37384 posts
Posted on 8/12/14 at 9:38 pm to
quote:

Well have we done that anywhere??? What percent of the $1.5 BILLION we gave away went to Louisiana companies??


How many direct jobs will a 75M dollar studio project create that will spend their money in the local economy? How many people will come to the state to film movies after the project is complete, which in turn spends more and more money locally? Almost all of the contractors on this particular project will be local contractors that do all of this. These are Louisiana companies, if you don't understand what local means.

The direct jobs yielded when the project is comets will average over 100k a year. I have no odd what business you're in, but I'd much rather have more local people making well above mean income than locals that live off of taxpayers.

Your tunnel vision leads me to believe your business won't thrive with a changing society. I hope you have enjoyed your ride.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 9:46 pm to
quote:

How many direct jobs will a 75M dollar studio project create that will spend their money in the local economy?


very few permanent ones

quote:

How many people will come to the state to film movies after the project is complete, which in turn spends more and more money locally?
small amounts of money relative to the subsidy and they will of course cost us millions more. We need industries that do not expect 30% of their expenses to be paid by taxpayers.

quote:

Your tunnel vision


MY tunnel vision. You live in a fantasy world if you believe these subsidies are a net good for Louisiana. The numbers are not debatable. They are just facts.

Naive is the most polite adjective I can use to describe your "ignorance" on this subject.
Posted by BBONDS25
Member since Mar 2008
49047 posts
Posted on 8/12/14 at 9:55 pm to
Yet you never post the numbers. How many non film companies used the credits last year? And what were the figures for the credits used? That is the relevant number. I won't get an answer...I'll get conjecture and patronized. Just post that number and end the debate.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 9:56 pm to
quote:

Yet you never post the numbers. How many non film companies used the credits last year? And what were the figures for the credits used? That is the relevant number. I won't get an answer...I'll get conjecture and patronized. Just post that number and end the debate.


uhhh 147
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 8/12/14 at 9:57 pm to
quote:

I B Freeman
im glad you responded to your bar signal ...



Posted by BBONDS25
Member since Mar 2008
49047 posts
Posted on 8/12/14 at 9:57 pm to
Like I said....
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 9:59 pm to
quote:

Like I said....


per the reporter writing the report in the OP

quote:

As for purchasers of tax credits, I'd love to hear what you have to say. Officially, the names of the individuals/companies who buy them are not public record.


However you can read in the auditor's report how many dollars was redeemed in 2010 by the film industry. Very few.


What exactly is your point?
This post was edited on 8/12/14 at 10:00 pm
Posted by BBONDS25
Member since Mar 2008
49047 posts
Posted on 8/12/14 at 10:00 pm to
So you don't have the number?
Posted by VOR
Member since Apr 2009
63753 posts
Posted on 8/12/14 at 10:02 pm to
And still, the measure you and others rely on is inadequate. Or, let's say, myopic.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 10:02 pm to
quote:

So you don't have the number?


Do you??

And what difference does it make. The dollars are in the auditor's report. Look it up.

It is a fact MOST of these credits are either sold, redeemed by the state for cash or held for sale.

Do you have any number that disputes that fact??
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 8/12/14 at 10:04 pm to
quote:

And still, the measure you and others rely on is inadequate. Or, let's say, myopic


Ok make the case for the state giving these people $1.5 billion in taxpayer dollars and post some numbers.

Tell us when the state treasury will break even.

Tell us when we can expect to see an auditor's report that states the state made money off of this program.

Tell us what other industries should get this subsidy.
Posted by BBONDS25
Member since Mar 2008
49047 posts
Posted on 8/12/14 at 10:05 pm to
You don't have a number that supports the fact. My point is...you are forming conclusions based upon incomplete information. It is impossible to know the actual cost to the state until we know how many credits were "cashed in" by non industry tax payers. I understand why this info is nearly impossible to learn....but that does not mean it isnt the only relevant number.

This is the same dance. It won't go anywhere. You have your convictions. I like to deal with a complete picture. You obviously don't need that to make up your mind.
This post was edited on 8/12/14 at 10:08 pm
Posted by VOR
Member since Apr 2009
63753 posts
Posted on 8/12/14 at 10:06 pm to
quote:

I B Freeman


Do you honestly believe the "auditor" adequately measures increased business, let's say, at a stationery store on Magazine Street that has a significant increase in high profit sales directly related to the film industry?
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