Michigan Public Radio on tax credits for film production crews
Landed a quote in a story by Michigan’s NPR affiliate on the use of tax credits to lure Hollywood production crews to local areas:
But not everyone agrees film incentives are healthy in the long term. Andrew Chamberlain is an economist with the Tax Foundation in Washington D.C. He’s researched the impact of state and local film incentives.
“There’s surprisingly little evidence that film tax incentives create the kind of long term stable family types of jobs that most people have in mind,” said Chamberlain.
Chambelain says on top of that, there’s been a rapid increase in competition between states to lure the film industry.
“And so when everyone’s doing it, everyone can’t win, because film credits are really a beggar-thy-neighbor tax policy. Not everyone can benefit at the same time,” said Chamberlain. (Full piece here.)
There’s some audio here also.
Posted by Andrew on Thursday January 11, 2007 | Feedback?
