Submitted by NoSubsidy.org (not verified) on Tue, 06/23/2009 - 12:31pm.
July 1st Iowa kicks in a 50% film subsidy. What will the Michigan legislature do now? Do you think your politicians have an incentive to increase Michigan's film subsidy? Wait tell New Mexico or Massachusetts increase to 60%?
Read about what the Mackinac Center for Public Policy has researched about the Michigan Film Subsidy - mackinac.org
Also find more info with links to other articles from around the US at nosubsidy.org
How much property tax do you CURRENTLY pay? How much income tax is CURRENTLY taken out of your pay check (state or federal or both)? How much tax do you CURRENTLY pay to spend your paycheck in your community?
The citizens of Michigan might consider that your cost of living will increase to support this film subsidy, yet a few wealthy film studios, producers, directors and actors will be able to afford their lifestyles.
Look at California, having to compete, trying to keep Hollywood in Hollywood. They now have a new program starting July 1st. California is $25 billion in deficit yet has increased taxes on it's citizens to help pay for programs California can't afford to include film subsidies.
FIlm Subsidy