Ohio loses 79 cents per dollar on film incentives

Posted on August 30, 2012 at 12:46 pm, by

And that estimate is under the generous assumption that no film activity would take place without the incentives. It’s also in keeping with research findings across the country, including Louisiana, that film incentives return mere pennies on the dollar of revenue spent.

No doubt the Ohio film incentives’ backers would counter with some form of the argument that robbing Peter to pay Paul works because Paul likes it.

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Jon Sanders (twitter.com/jonpsanders) is Director of Regulatory Studies at the John Locke Foundation. A columnist for TownHall.com, Sanders has also been published in The Wall Street Journal, National Review, ABC News online, FrontPage Magazine, the San Francisco Chronicle, The Freeman: Ideas on Liberty, the Philadelphia Inquirer and numerous newspapers throughout North Carolina. A native of Garner, N.C., Sanders has been an adjunct instructor in economics at North Carolina State University, and he holds a masters degree in economics with a minor in statistics and a bachelors degree in English literature and language from N.C. State.

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