RepRossHunter 
Member since Sep 28, 2013


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Re: “The Amazing Race

The film credits are possibly the worst economic incentive ever created. In effect, taxpayers pay a third to half of the cost of production of movies or commercials shot in the state. No wonder the film studios like them! Wouldn´t this be great for your business too? Incentives like this generate jobs, but so would hiring teachers, or building highways, and at least we´d have educated children or bridges to drive over.
Analysts on the right (the Tax Foundation, the people who bring you "tax freedom day") and on the left (The Center for Budget and Policy Priorities) argue that these credits are economically inefficient and a gift of taxpayer money.
- State Film Subsidies: Not Much Bang For Too Many Bucks http://www.cbpp.org/cms/?fa=view&id=3326
- More States Abandon Film Tax Incentives as Programs´ Ineffectiveness Becomes More Apparent http://taxfoundation.org/article/more-states-abandon-film-tax-incentives-programs-ineffectiveness-becomes-more-apparent
Rep. Ross Hunter
WA State House of Representatives
Chairman, Appropriations Committee

Posted by RepRossHunter on 08/15/2013 at 8:00 PM

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