Sunday, March 22, 2015

Three Reasons Why Michigan Should End Film Incentives

Three Reasons Why Michigan Should End Film Incentives [Michigan Capitol Confidential]
1. No increase in film jobs. According to the Bureau of Labor Statistics, there are fewer film jobs in the state today than when the film incentives began in 2008.
2. No permanent jobs. According to the Michigan Film Office (which distributes the subsidies), there were zero full-time jobs created from the program last year.
3. No money. According to the Senate Fiscal Agency, the incentives bring in only 11 cents on the dollar spent — a huge loss for taxpayers.
By all fair measures, the nearly $500 million devoted to the film incentive program has been a waste. It should be ended and the money redirected to better priorities.

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