Tag Archives: film incentives
NY has more generous film incentives than NC. So why was ‘Gatsby’ filmed in Australia?
The Great Gatsby is a story set in Long Island. The state of New York offers production companies an even more aggressive array of film incentives than North Carolina, including a 30 percent, fully refundable tax credit. This is a no-brainer, right? “Gatsby” would obviously be filmed in its natural home. Well, it’s not soContinue Reading
So did Iron Man save the day or not?
My latest newsletter examines the widely disparate job counts of studies of North Carolina’s film incentives. It basically boils down to one model that takes into account costs and benefits and one model that calculates only benefits. Beyond that, I look at other concerns over film incentives: there is no set winning level from yearContinue Reading
The film industry dance: another amazing success story that’s one lost public dollar from collapse
Not to be outdone by solar, the film industry in North Carolina is performing a redoubtable Incentives Dance – and they’ve added a new twist on it by suggesting that the mere appearance of a bill to tweak the industry’s tax credits is already hurting business. Several recent news articles across the state have highlightedContinue Reading
Apparently, Iron Man couldn’t survive without unconstitutional funding
One of the many problems with the state film tax incentives is that they are refundable. As I wrote in my report N.C.’s Film Tax Incentives: Good Old-Fashioned Corporate Welfare: Furthermore, in North Carolina, the film tax credits could exceed a film production company’s total tax liability, in which case the state would issue aContinue Reading
Ohio loses 79 cents per dollar on film incentives
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 ofContinue Reading
Even Louisiana media question film incentives
An editorial from the Shreveport Times about Louisiana’s film incentives hits on some of the same criticisms I have of North Carolina’s film incentives: We all enjoy seeing the movie magic at work in our streets here in Shreveport-Bossier City. We welcome the occasional glimpse of film stars in our midst whom we might otherwiseContinue Reading
Headline: Iron Man on Welfare?
I participated in an interview with ComicBook.com on the subject of North Carolina’s film incentives, which coincidentally was published the same day as my Daily Journal column on the subject.
Interview on film incentives
I was interviewed yesterday on Lockwood Phillips’ Viewpoints radio to discuss my Spotlight report on film incentives and my Policy Report on Carolina Cronyism. Those interested can find the interview here. Speaking of film incentives, I learned yesterday that Louisiana, the prime mover and “gold standard” in state film tax incentives, is also rethinking themContinue Reading
