State film incentives don’t ultimately pay for most states that offer them, or so argues a new study reported by the Boston Herald last month.
The study, co-authored by Cornell University professor Susan Christopherson, contends that most of the three dozen states chasing film production with tax breaks will not catch up with New York and California, where the movie and television industries have been dug in for decades. “The subsidies they’re giving the productions don’t have a long-term economic impact for the state,” Professor Christopherson told the Herald.
N.C. is wasting taxpayers' money on these incentives.
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