I'll type slowly so you can understand and keep the number simple.
Car rentals is qualifying expense for movie incentive rebates.
A movie company spends $100 at Enterprise for car rentals and the state taxes that rental at %5 and takes in $5.
The state pays out that incentive at 25% or $25.
Enterprise rentals here locally SENDS that money to Enterprise national to pay corporate bills etc. Enterprise makes about 4% profit or about $4 clear.
NC paid out $25 but took in $5.
Why do you keep saying NC keeps the other 75%? Its disingenuous at best and an outright lie at worst.
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