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Subsidies Stop for Michigan’s Film Industry

… the business of handing out film subsidies. A bill supported … program granted a refundable tax credit (essentially a subsidy) … long questioned all special tax credit and subsidy programs, but … agree. The fiscally conservative Tax Foundation notes that movie production credits result in “small returns and …

Flawed MSU Film Subsidy Report Misleads Taxpayers

… to analyze a controversial film subsidy program that covers … percent of the expense of films shot in this state. MSU economists … rather than being granted as tax credits.) The study should be redone … of discriminatory business tax breaks granted to particular … who erect movie sets. To the credit of the MSU economists, they …

LaFaive Op-Ed Published in The Detroit News

Why Michigan shouldn't single out Switch for tax breaks

… west Michigan. Citing past failed incentive programs, such as the film tax credits, LaFaive suggests an alternative to singling out Switch or other data … alternative scenario. Doing so would likely demonstrate that broad-based tax cuts are superior to targeted ones. Read the entire op-ed in The Detroit …

Cost to Replace Lost Jobs with Michigan Film Subsidies: $39.4 Billion

… Agency estimates that Michigan film production tax breaks and subsidies generated … counted. During that year the film incentives’ net cost to taxpayers … program: “The nature of the credit and the resulting activity … provides a “refundable” tax credit of up to 42 percent of the …

Film Subsidy Secrecy May Be Ending

The details of how film production companies have been spending … release information concerning taxes in the past. The film office … estimate of the incentive credit, “Our office has always been … production company received a tax credit for 25 percent of that amount, … Story Lawmakers Tackle Film Credit Transparency Michael Moore …

Sorry — Your Film Office Success Story Was Not Found

… Ken’s Diner — was part of the filming for the movie in 2008, and … issue story about Michigan's film tax incentives. That article … as a "success story" for the tax incentives moviemakers get from … up to 42 percent back in tax credits. Also, 300 Oink Joint T-shirts … Story Lawmakers Tackle Film Credit Transparency Michael Moore …

MEDC Ineffective, Nontransparent and Should Be Eliminated, According to New Mackinac Center Study

In Michigan counties, every $1 million in MEGA tax credits awarded for manufacturing was associated with loss of 95 manufacturing jobs, report finds

… estimates. They inspected credits awarded from 1995 to the end … up some $3.3 billion in tax credits alone during its 14 years … every $1 million in MEGA tax credits actually claimed by manufacturing … unfair, frequently providing tax and subsidy favors to a handful … also examines the Michigan Film Office, its film incentive …

MichiganVotes.org June 3 Weekly Roll Call Report

… Senate Bill 383, Revise state film subsidy program, passed 37 … details of the state’s unlimited film subsidy program, now limited by Gov. Snyder’s tax system overhaul (plus, the Legislature … still grant “refundable tax credits” of up to 42 percent of … also choose to give smaller credits to a particular producer. …

Public Employee Pension Systems Raided To Pay Film Studio Bills

Michigan teachers and state employee systems paid $1.68 million so far for Pontiac studio

… legal and state projects at the Tax Foundation in Washington, D.C., has analyzed state film credits around the country and … like supporters of the film tax credit be held financially responsible … financial struggles on the film tax credit being reduced.  The state reduced the tax credit from $100 million when the …

The Scene and the Unseen: Act IV

The Michigan Film Incentive: EMS and Child Day Care vs. Movies, by Kathy Hoekstra

… granted. A courtesy super or CG crediting the Mackinac Center would … Movie companies that made films in Michigan last year are expected … get nearly $48 million in tax credits from the state. That’s under … burdensome single business tax has been replaced by another … incentive’s refundable tax credits. “Refundable” means the …