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re: California to quadruple movie tax credits to $400 million/year

Posted on 8/16/14 at 8:38 pm to
Posted by BBONDS25
Member since Mar 2008
49570 posts
Posted on 8/16/14 at 8:38 pm to
Yet not one check was cut by Louisiana
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 8/16/14 at 9:08 pm to
quote:

Posted by BBONDS25 Yet not one check was cut by Louisiana


Good God. That's not true but even if it were - What difference would it make?

Give me $10B worth of transferable tax credits. The state wouldn't pay a dime but see how that works out.
This post was edited on 8/16/14 at 10:27 pm
Posted by flyby
Member since Aug 2011
50 posts
Posted on 8/16/14 at 9:20 pm to
quote:

Yet not one check was cut by Louisiana


Then what kind of transaction are they making when "buying back" film credits?
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