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Film Tax Credits Don’t Grow the Economy

… state’s newly minted film tax credit program, the governor … $37.5 and $100 million on tax credits in 2009 and 2010 to generate … Development Corporation reported that film incentives created zero full-time … concluded that 80 percent of MPI credits were awarded improperly, a … Foundation, and nonpartisan Tax Foundation — have argued that …

Michigan Capitol Confidential Election 2014 Coverage

… (unofficially) to increase the gas tax by 44 cents; is that standing … giving out subsidies and tax credits to select companies.” GOP … away with subsidies and tax credits as they expire. In addition, … taxpayers, such wind power, film subsidies …” “During my time … Daley) has voted for the film credits about every time." Sen. …

Don’t Bring Back Granholm’s Tax Credit Legacy

… considering new targeted tax credit programs, a key part of … was centered on giving tax credits and other favors to politically … and industries – and higher taxes for everyone else. There’s … auto companies, battery firms, film studios, and companies involved … the form of refundable tax credits, essentially direct subsidies. …

Stop the Hollywood handouts

Film production incentives always flop

… few Hollywood studios are filming movies in her state, which eliminated its film production subsidies in 2015. … playing. When states compete for film production with taxpayer dollars, … Georgia auditors found that the tax revenue the state receives from … to show for it outside of credits in a few good movies and a …

Michigan Chamber CEO Blasts Film Subsidies as a 'Boondoggle'

Bill extends film subsidies indefinitely

… legislation to extend Michigan’s film incentive subsidy program indefinitely. … total of $26,551,106 in film credits were claimed from the Department … total of $225,539,660 in film tax credits have been paid out by … to be claimed under the tax credit program.” “What is the … directors, etc.) just paying taxes on the money we’ve paid them?” …

Mackinac Expert Talks Film Incentives on NPR

No full-time jobs were created as a result of this corporate welfare

… once had the most generous film incentive program in the nation, … in Washington, D.C.: “Film tax credits don’t pay for themselves, so states have to raise taxes or cut expenditures (to make … snuff out jobs as fast as film tax credits create them.” Tannenwald … Michigan is still handing out credits to filmmakers while the bill …

Outgoing House bets on state-run venture fund, research subsidies and tax credits

Lawmakers plan to vote on Hollywood ‘giveaways’ and other costly items in lame-duck session

… research and development tax credits that would allow authorized … to $200,000 in additional credit for expenses from collaboration … Fund by about $100 million per tax year, according to the Senate … will likely vote on the film credits bills HB 4907 and HB 4908 … curtain fell on Michigan’s last film incentive program in 2015, …

Clock is Ticking on Michigan's Film Subsidies

Unless the bill is vetoed, film incentives end soon

… which would kill the state’s film subsidy program, was presented … presented. It's hard to argue that film subsidies have been anything … them to approve a $2 billion tax hike for road repairs plus other … disclosed that corporate tax credits previously handed out through … Subsidies as a 'Boondoggle' Film Tax Credits Don't Grow the Economy …

Hollywood subsidies fail to meet promises, benefit few

The original film credit system bombed; the remake is even worse

… to have taxpayers subsidize film companies to shoot in Michigan … into law the state’s first film subsidy program in 2008. “We’re … taxpayers by using tradable tax credits instead of giving cash directly … launders spending through the tax returns of companies that buy the credits, according to James Hohman, …

Michigan bill revives film subsidies, adds cash giveaway for touting state in commercials

Film subsidies failed to have a lasting impact the first time around

… subsidize companies that make films in the state. A new set of … producers a transferable tax credit worth 25% of what they spend … logo. Producers can claim a credit for the money they spend on … will issue a transferable tax credit amounting to 25%, or $25 … producers to sell their tax credits to other taxpayers. When …