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re: Here is an easy $62.5 million to address the states shortfall.
Posted on 3/3/16 at 8:57 am to Mayhawman
Posted on 3/3/16 at 8:57 am to Mayhawman
quote:
Tax breaks to encourage buisness and LA jobs is money you never had, and never would without attracting buisness to the state.
What about all the money the state dishes out to the movie industry? It brings very little return on investment and is money that the state pays. And if you really think all those tax breaks are for business to come to LA you are drowning in the koolaid.
Posted on 3/3/16 at 9:49 am to ssgtiger
quote:So maybe you can explain how the state dishes out money when it's a tax credit? We don't actually pay them first to come, nor would they be here without incentive.
What about all the money the state dishes out to the movie industry? It brings very little return on investment and is money that the state pays
Many governments of thriving economies do this for industry and it works.
It is difficult to reverse a rep for reneging on business incentives and brings on slow economic suicide.
This post was edited on 3/3/16 at 9:52 am
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