I’m encouraged to see today that there may be a shift happening at the General Assembly on the issue of film incentives. The Locke Foundation has long argued that North Carolina’s film tax incentives are a poor use of taxpayer funds and that, rather than choosing favored industries to be the beneficiaries of special tax treatment, legislators should lower taxes and reduce regulations for all businesses.
North Carolina benefits when all sorts of businesses see us as a friendly environment in which to operate, produce, sell, and create jobs. Allowing our film incentives to sunset, and instead lowering taxes across the board for all businesses, would be a step in the right direction.
