… 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 …
… 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. …
… 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, …
… 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 …
… program known as the Michigan Film Incentive is scheduled to be … attempts to reform the rest of the tax code. The best solution is to … could receive an assignable credit for up to 25 percent. The … million assignable (sellable) tax credit for a movie studio “investment” … Economic Growth Authority tax credit program. Once one special …
… lawmakers are suffering a bout of “tax cut fever” that has slashed … the form of refundable tax credits. The treasury will have … give out money in these tax credits, government must raise tax … Giving out subsidies through film credits, for instance, may mean … In order to pay out these credits, this money has to come from …
… this state's fleet of targeted tax breaks and business subsidy … Authority. MEGA offers tax credits to large business projects … promises contained in MEGA tax credit agreements are actually … that giving $1 million in tax credits to manufacturing firms was … questionable. Consider the Michigan film incentive, the country's largest …
… favor-laden Michigan Business Tax and replaced it with a flat corporate income tax with few credits. In addition, the burden of … compared to refundable tax credits — the Legislature can stop … awarded $253 million in tax credits in 2004 and the last of … attempt to eliminate state film incentives only capped the …
… "high technology business tax credit," and was signed by GlobalWatt … 2009. To apply for these credits, companies must describe the … Redevelopment Michigan Business Tax Credit. In this application, the … this conclusion: A refundable tax subsidy worth $9.1 million was … for Michigan. The Hangar42 film subsidy deal provides more …
… which awards refundable tax credits to selected businesses, … Recent discussions on Michigan film subsidies highlight the importance … program costs the state $10 in taxes for every $1 in taxes generated by film activity, deflating a hope …
