Hmmm...here's an idea

Consider this from Pennsylvania:
With uncertainty about whether Pennsylvania's film tax credit will be authorized in the state budget - now in Day 56 of limbo - the supernatural thriller [written and produced by M. Night Shyamalan] has relocated production to Toronto.

Though the filmmaker has shot eight of his nine features in the Philadelphia region - for an estimated economic impact of $375 million, according to the local film office - his backers couldn't wait any longer for legislators to approve the incentive that brings filmmaking and jobs to the state.

"Last week, at the 11th hour, Devil withdrew its application for credits because of uncertainty with respect to whether film tax credits would be in the state budget," Jane Saul, director of the Pennsylvania Film Office, said yesterday. "This is an obvious sign that without the film tax credit in place, we lose film business, and in turn, jobs."
So...lower taxes on the film business increases revenue and economic activity...

I know...how about we lower business taxes across the board!

Gee, that couldn't possibly work to encourage businesses to create more business, could it?

0 comments: