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Failed subsidy idea gets new hearing anyway

Why then risk hundreds of millions more for industry subsidies with a failed track record?

… evidence of their success, film production subsidies are once … John Roth, would create a tax credit for up to 30% of production … company that qualifies for the credit could then sell it at a discount … another. Providing subsidies for film production, whether here or … including ones that subsidize film productions, is to grow the …

Cap the Film Incentives and Kill the Film Industry in Michigan? Not Yet

Film Industry Supporters Crying Wolf Over Governor's Plans for Film Subsidies

… Detroit Free Press column, film industry proponent and popular … chases films away. No successful tax-incentive state has a cap like … approved nearly $10 million in film credits.   According to the Film … take full advantage of any credit that we have to offer.” James … comparing such targeted tax credit programs to a ‘feeding frenzy’. …

Michigan taxpayers funded artistic and financial flops in last film-subsidy effort

In movies and subsidy programs, the sequel is rarely better

… package of bills to subsidize films and commercials. The hope is … original. And the initial film incentive program in Michigan … movies and TV shows to be filmed (at least partially) in the … to take advantage of our tax credits. The whole thing takes place … subsidy and a transferable tax credit. Regardless of the method …

The GOP Politicians Who Voted Against Ending Film Subsidies

Those voting for more tax credits explain why

… would eliminate the state’s film subsidy program. The action … overhaul of the state's business tax in 2011 also dismantled the … which was “refundable” tax credits. The Legislature reconstituted … began either cashing in the credits or using them against taxes … in December and kill the film credits. House Bill 4122 began …

Michigan film credits could cost state $2B over a decade

Extra credits given to women and minority-owned businesses

… that together would revive film credits, which have been defunct since 2015. The tax credit could take up to $2.075 … 4908, would create a 30% tax credit for eligible film productions shot in Michigan. The credits are spelled out in House Bill …

Plot to Kill Film Credits Begins to Look Plausible

… realistic chance that Michigan’s film subsidy program will end soon. … Development Corporation) credits and the budget. While there … obviously something like the film credits would be something that … revelation that the “refundable” tax credit deals the previous administration … 4122, was taken up by the House Tax Policy Committee on Feb. 25. …

‘This is the unholy intersection of Hollywood and politics’

Jacob Whiton and Greg LeRoy on state film subsidies

… Hollywood crew shooting a new film in their state? There has been … the form of transferrable tax credits. Film production companies receive tax credits that are worth much more than any tax state liabilities that they … production companies to sell their credits to other taxpayers. “The film …

MCPP Experts Take Down Film Program in MLive

… the business of subsidizing film production companies. Skorup … failed to create a sustainable film industry in Michigan. According … Statistics, there are fewer film jobs in Michigan today (1,561) … latest reportfrom the Michigan Film Office. Over the years, the … work. The fiscally conservative Tax Foundation says they "are costly …

Reject Latest Calls to Waste Taxpayer Money on Movies

Spending $500 million on film subsidies was enough

Some in the Michigan film industry want to be subsidized by … spent $500 million subsidizing film production from 2008 to 2015, … nation’s most generous programs. Film producers got a check from … advocates argue that making the credits “transferrable” makes it different … of equal laws.” We shouldn’t tax money out of people’s hands …

Don’t Bring Back Granholm’s Tax Credit Legacy

… considering new targeted tax credit programs, a key part of … was centered on giving tax credits and other favors to politically … and industries – and higher taxes for everyone else. There’s … auto companies, battery firms, film studios, and companies involved … the form of refundable tax credits, essentially direct subsidies. …

How you tax is almost as important as how much you tax

Deciphering good tax policy takes more than a look at lost revenue

… Economic Growth Authority tax credits. The program gave select businesses credits based on how much they paid … the state’s Michigan Business Tax raises nothing for the state … taxes. The homestead property tax credit used to be a way for state … often through the tax code. Film producers want taxpayers to …

Film Tax Credits Don’t Grow the Economy

… state’s newly minted film tax credit program, the governor … $37.5 and $100 million on tax credits in 2009 and 2010 to generate … Development Corporation reported that film incentives created zero full-time … concluded that 80 percent of MPI credits were awarded improperly, a … Foundation, and nonpartisan Tax Foundation — have argued that …

Mackinac Expert Talks Film Incentives on NPR

No full-time jobs were created as a result of this corporate welfare

… once had the most generous film incentive program in the nation, … in Washington, D.C.: “Film tax credits don’t pay for themselves, so states have to raise taxes or cut expenditures (to make … snuff out jobs as fast as film tax credits create them.” Tannenwald … Michigan is still handing out credits to filmmakers while the bill …

Hohman on Film Incentives

Price tag of $500 million for no industry growth

… ineffectiveness of Michigan’s film incentive program. The House Tax Policy committee continues to … bill that would repeal the film incentive program. The state has spent $500 million on the film subsidies and is authorized … state has gained no permanent film industry jobs.

The Oscar for Bad Policy

Evidence and experience show film incentives don't create jobs

… Michigan taxpayers bankrolling film production here. The last time … consideration would provide tax credits against expenses incurred … commercial shoots. The tax credits would equal to 20% to 30% … 2019 study of Georgia’s tax credit (up to 30% of video and … Tens of millions of windfall tax advantages to select filmmakers …

Michigan Chamber CEO Blasts Film Subsidies as a 'Boondoggle'

Bill extends film subsidies indefinitely

… legislation to extend Michigan’s film incentive subsidy program indefinitely. … total of $26,551,106 in film credits were claimed from the Department … total of $225,539,660 in film tax credits have been paid out by … to be claimed under the tax credit program.” “What is the … directors, etc.) just paying taxes on the money we’ve paid them?” …

Clock is Ticking on Michigan's Film Subsidies

Unless the bill is vetoed, film incentives end soon

… which would kill the state’s film subsidy program, was presented … presented. It's hard to argue that film subsidies have been anything … them to approve a $2 billion tax hike for road repairs plus other … disclosed that corporate tax credits previously handed out through … Subsidies as a 'Boondoggle' Film Tax Credits Don't Grow the Economy …

Michigan bill revives film subsidies, adds cash giveaway for touting state in commercials

Film subsidies failed to have a lasting impact the first time around

… subsidize companies that make films in the state. A new set of … producers a transferable tax credit worth 25% of what they spend … logo. Producers can claim a credit for the money they spend on … will issue a transferable tax credit amounting to 25%, or $25 … producers to sell their tax credits to other taxpayers. When …

Michigan May Send Film Credits to the Cutting Room Floor

Bill looks to end subsidies, $500 million and no job gains later

… originally appropriated for film production subsidies in the … spokeswoman Katie Carey said the film credit program “has been a good … investigation of all the tax credits, you'd find that with the film credits, that's one of the areas … Kinley, senior director of tax and regulatory reform at the …

Cost to Replace Lost Jobs with Michigan Film Subsidies: $39.4 Billion

… Agency estimates that Michigan film production tax breaks and subsidies generated … program: "The nature of the credit and the resulting activity … provides a "refundable" tax credit of up to 42 percent of the … Story Lawmakers Tackle Film Credit Transparency Michael Moore …

The Scene and the Unseen: Act IV

The Michigan Film Incentive: EMS and Child Day Care vs. Movies, by Kathy Hoekstra

… granted. A courtesy super or CG crediting the Mackinac Center would … Movie companies that made films in Michigan last year are expected … get nearly $48 million in tax credits from the state. That’s under … burdensome single business tax has been replaced by another … incentive’s refundable tax credits. “Refundable” means the …

Hey! Is that Brad Pitt in the Frozen Food Aisle?

Almost every argument in favor of film subsidies is wrong

… terminate the state's subsidies to film producers. ForTheRecord highlights … “They are about to kill the film industry in this state, a move … million state taxpayer dollars to film producers. Michigan had 1,663 … Republican legislators hate the film credit because they think they … 2012, Warner Brothers had pre-tax earnings of $1.2 billion. Even …

Senate Votes to Continue Film Subsidies

Will House put Michigan residents above Hollywood actors?

… sunset provision for the state’s film incentive program, meaning … poorest ways for states to spend tax dollars. Joe Henchman is the … projects for the nonpartisan Tax Foundation. He was in Michigan … by MIRS News about the film credit program. “These states … California has tripled its film credit spending to over $300 million …

Michigan Taxpayers Already Paid for 'Oz'

Film costs state taxpayers almost $9 each

… Powerful," opens today. The film cost the studio about $200 … through the state’s generous film subsidy program. In fact, … residents should be seeing the film for free. Michigan has 4.5 … aside $50 million for film tax credits and political leaders … analysis of film subsidy and tax credit programs across the county …

Film Noir

… granted. A courtesy super or CG crediting the Mackinac Center would … application for a 25 percent tax credit from the state through the Michigan film incentive program.") A great … later, and despite lucrative tax deals from the state, Unity … application for a 25 percent tax credit from the state through the …

New Evidence: Film Incentives Still Don’t Work

Research from Michael Thom analyzes a variety of programs

… was once the most generous film incentive program in the nation. … offered by states, such as sales tax waivers, lodging tax waivers, transferrable tax credits and refundable tax credits, and tested each of these … instance, transferable tax credits had a small effect on film …

Riches-to-Rags Story Developing For Movie Operations in Michigan

House budget proposes eliminating state's $50M film subsidy program

If the state’s film subsidy were a movie itself, it likely would … proposing to eliminate the film credit completely. Nancy Cassis … accountable effort to leverage tax dollars more responsibly." … led people to rethink the film tax giveaway.  "… the 'handwriting … awarded $93 million in tax credits in 2012, some for projects …

Warning: Increase Film Subsides Now and Risk Regrets Later

… million, one-time allowance for film subsidies in Michigan. This … 2008, which gave unlimited tax breaks/subsidies of up to 42 … Richardville, R-Monroe, on the film subsidies: “(Richardville) … million allocated to the state’s film incentive program for new movie … representative in 2008, Huizenga took credit for pushing the original legislation, …

Film Incentive Supporters Ignore the Facts

No evidence that Michigan's program is worth the cost

… communications for the Michigan Film Office, responded to an op-ed … co-authored about Michigan's film incentive program. Unfortunately, … published, including that much-cited Tax Foundation treatise and can … many independent studies on film incentive programs; nearly … does not pay for itself from tax revenue generated. One major …

Michael Moore's 'Greed' Message Doesn't Apply to His Film's Financiers

Film incentives an accepted part of business plans

… Inc. taxpayer subsidies for filming in Michigan. Yet the Flint … production applied for tax credits for filming part of the movie in Michigan. … may receive $1 million in tax credits, subsidized by Michigan … Story") without commenting on tax incentives," Sherman said. "And …

What Michigan can do with $500 million rather than giving it to Hollywood

There is no reason to resurrect film subsidies

… Legislature considers bringing back film incentives. Michigan offered … Forty-three states currently offer film subsidies, hoping to become … 2022 that the costs of film credits far exceed their benefits. … administration hiked the income tax rate from 3.9% to 4.35%. The … officials adopted a $500 million film subsidy. To this day, the promise …

The Scene and the Unseen: Act III

… about the state of Michigan’s film incentive program is now in … incentive’s refundable business tax credits, which were approved by … Michigan’s generous refundable tax credits were used by 35 films completed … … of those audited — of the tax certification process.” But … the deal in creating this film credit that this level of information …

Dems' Plan: Scale Back Select Corporate Tax Credits They Already Voted For

Do the same people who overwhelmingly supported these credits have the political will to go back and cut them?

… by eliminating “ineffective tax loopholes” to pay for the college … percent of the $35 billion in tax credits the state gives out. McCann said under the plan any new tax credit would be limited to four … review panel” to see if the tax credits were effective and producing … Senate to support the state's film subsidy program. Whitmer also …

State Subsidies for Hollywood Dying in Iowa and Drawing Fire In Missouri and Michigan

… having second thoughts about film tax incentives. Iowa is cancelling … Rick Snyder has said that film credits aren’t sustainable and … restructured. The Missouri Tax Credit Review Commission released … that recommended ending its film incentives. The report stated: … “He doesn’t support the film tax credit,” Albrecht said of Branstad. …

Michigan Film Subsidy Winner Costs 10x More to Make Than It Earns

… advocates of the Michigan film tax incentives said the 42 percent … not what they had in mind. Filmed in Grand Rapids, the movie … works. Louisiana says its tax incentives “lead the nation.” … Michigan and received $435,874 in tax incentives, according to the … Scott. “Michigan can have the credit for this one.” The author …

Taxpayers Handcuffed By Money Being Given To Beverly Hills Cop Production Company

Viacom reported $3.7 billion profit in 2013, but Michigan taxpayers will surrender $13.5 million for filming in the state

… million in Michigan while filming. Viacom CEO Philippe Dauman … people when we are raising taxes on people and crying poverty," … here any longer than the tax credits are." Paramount had two … Drenkard, an economist with the Tax Foundation, who has studied film incentives around the country. …

Eight Days, 196 Bills, 12 Constitutional Amendments

Repeal film subsidies, let nurses do more, stalking registry

… certain future state income tax collections to repay the debt. … time. House Bill 4122: Repeal film producer subsidies Introduced … Authorize student loan tax credits Introduced by Rep. Andy … (D), to authorize an income tax credit equal to 50 percent of the … employed in this state. The credit would not be “refundable,” …

News Release: Film Office Report Violates Michigan Law and the Spirit of Sunshine Week

Office’s annual report fails to provide legally required film spending details and presents figures that appear to significantly overstate Michigan Film Incentive’s impact

… Sunshine Week, the Michigan Film Office has issued a report … detailed spending figures for each film receiving the Michigan Film Incentive’s refundable tax credits in 2008, but instead supplies … generous subsidies and tax credits. The Film Office argues … films that qualified for the tax credit, the figure should almost …

Why Government Fails at Economic Development

… State University argued that Tax Increment Financing projects … Michigan’s huge refundable tax credit program called MEGA, which … instead of handing out a tax credit or subsidy, we made across-the-board … marketplace by seeking subsidies, tax credits and abatements or protectionist … state of Michigan, we had a film subsidy program and after its …

Film incentives still don’t make sense for Michigan

Michigan corporate welfare meets Hollywood accounting: What could go wrong?

… to 2015, Michigan subsidized film production up to 42% of costs. Producers received a refundable tax credit, meaning that any amount greater than the taxes a film company paid resulted … personnel expenditures. That credit will apply against any Michigan … lawmakers can sell their film credits to other taxpayers. This …

$72 Million in Film Credits Not Reported by Film Office

The Michigan Film Office, under Gov. Jennifer Granholm’s watch, … Hohman, about $72 million in tax credits were not included in the … it alive. Michigan’s film tax credit incentive allows a refundable … possibility is that the film credits that were pending at the … & Me Lawmaker Says Special Tax Favors Are 'Cronyism'  Analysis: …

'Low Winter Sun' Buzz Ignores Taxpayer Subsidies

Media reports overlooked $7.5M state taxpayers paid for TV drama to film here

… where the drama series was filmed. "I was intrigued to see … didn't offer one of the biggest tax incentives in the nation back … costs thanks to the Michigan Film Office's film credit. That's higher than New … Detroit Free Press gave the film credits six words "thanks to the …

While Taxpayers Shell Out Big For Hollywood Stars, Media Fawns

Michigan continues 'Big Hollywood' film subsidy

… the town they just finished a film in. The actors then offer generic … thanks to Michigan’s film tax credit program. Clooney’s “Ides … Engagement” got $5.23 million in film subsidies and “Answer This” received $166,000 in tax subsidies. The kind words didn’t … Real Steel or Reel Steal? New Film Costs $4.26 Per Michigan Taxpayer …

Lawmakers Tackle Film Credit Transparency

… filmmakers had chalked up while filming in Michigan and submitted for tax credit reimbursement. For the … refunds allowed by the state film credit legislation enacted in 2008 … Culver suspended the state's film tax incentives progam last year. … video coverage of the film tax credit program is available at …

Hohman Testimony to House Committee

Film subsidy program has been oversold

… front of the Michigan House Tax Policy Committee.) Giving handouts … has succeeded in drawing some film productions. But after devoting … than acknowledgment in the credits. The reason is simple. The … $433 billion. According to the Film Office, incentivized film productions spent $143 million …

Lawmakers Tackle Film Credit Transparency

… filmmakers had chalked up while filming in Michigan and submitted for tax credit reimbursement. For the … would not be eligible for a tax subsidy. McMillin just saw overall … refunds allowed by the state film credit legislation enacted in 2008 … Culver suspended the state's film tax incentives progam last year. …

Film Incentives Don’t Generate Economic Development

Incentives are a poor use of resources

… the efforts of the Michigan Film Industry Association to reinstitute … Development?,” looked at whether film tax credits had a positive effect … film industry may benefit from tax or subsidy advantages conferred … average return per dollar of tax credit issued being 27 cents.” … approved some $800 million tax credits for film production — equal …

Road Funding or Film Subsidies?

… Rick Snyder on funding for the film incentive program. The governor, … Sen. Richardville told MIRS. Film subsidies were started during … analysis of film subsidy and tax credit programs have been almost … worth the cost. While the credits were tightened up somewhat … road funding, with various tax increases proposed. In the …

MEDC Ineffective, Nontransparent and Should Be Eliminated, According to New Mackinac Center Study

In Michigan counties, every $1 million in MEGA tax credits awarded for manufacturing was associated with loss of 95 manufacturing jobs, report finds

… estimates. They inspected credits awarded from 1995 to the end … up some $3.3 billion in tax credits alone during its 14 years … every $1 million in MEGA tax credits actually claimed by manufacturing … unfair, frequently providing tax and subsidy favors to a handful … also examines the Michigan Film Office, its film incentive …

Economic Interference Week

Economic Development Week is no cause for celebration

… the act of governments using tax dollars to pick winners and … particularly when they use targeted tax deals and subsidies. Governments … state ran an expensive business tax incentive program called the … of the program. The MEGA tax credit scheme was arguably the … wasted about $450 million on a film incentive program that gave …

News Release: State Attorney General Agrees That Michigan Film Office Violated State Law by Failing to Disclose Required Film Spending Information

AG’s letter is released during Michigan Senate hearing this afternoon; Film Office finally produces data legally required in earlier report

… letter finding that the Michigan Film Office violated state law by … that received refundable tax credits in 2008 under the state’s aggressive Michigan Film Incentive program. The letter … draw public attention to the Film Office’s violation of state … movie-by-movie spending data by Film Office Director Janet Lockwood. …

The Scene and the Unseen: Act II

… to the state of Michigan’s film incentive program — the most … still pay Michigan business taxes, but to entice filmmakers to … development program. It’s a tax credit program called the Michigan … difference: “The Michigan film tax credit incentive program also includes a tax credit, but it actually goes one …

Story on Film Subsidies Ignores the Full Picture

… in the Ann Arbor area and credits the Michigan film subsidy, but the story fails … rest of Michigan that pay taxes to fund the subsidy. The story … Hoekstra, who has covered the film subsidy extensively since its … legal and financial crises film subsidies have been associated …

The Scene and the Unseen: Act I

… state government’s generous film incentive program. The program … year 2000. When movies are filmed in Michigan, the studios have to pay Michigan business taxes. Under this program though, … million. That’s even after the film companies pay their own taxes. … maximum [in] refundable tax credits.” When the Center asked, …

Michigan's Film Incentive Program Has Been A Bust

Taxpayers have spent nearly $450 million with little to show for it

… Michigan changed its open-ended film incentive program to a capped … has devoted $444.7 million to film productions from both the tax credits and appropriations, according … designed to establish a permanent film industry. Approved film productions spend money in …

Firefighters or Mitch Albom's Movie Subsidy?

… is spreading among Michigan film subsidy beneficiaries and backers. … million. The Free Press’s main film subsidy cheerleader, Mitch … million in state and local tax credits, investment and loans, Lifton … claims a return of $6 on every tax dollar spent in the state on … Story Lawmakers Tackle Film Credit Transparency Michael Moore …

Lone Democrat Votes Against Party Line on Film Subsidies

… Michigan House voted to repeal a film producer subsidy program created … who wanted to eliminate the credits saying, “I’m very much against … ForTheRecord says: Since 2008 the film subsidy program has given some $500 million in tax breaks and direct cash subsidies to film producers, entirely paid for …

Hollywood Battles Michigan's New Budget Chief

“There’s no other place in state government where we just say ‘we’re going to pay 42 percent, and let us know what the bill is.’”

The battle over Michigan's film subsidy program has reached … reducing monetary favors to the film industry. Since then, the … begins over proposed cut to tax incentives,” warned Variety … “person who helped create the film credits program.” He is now rallying … Story Lawmakers Tackle Film Credit Transparency Michael Moore …

Successful Film Incentive Would Drain Entire Treasury

… existing businesses less worthy of tax relief than film producers, Gov. Jennifer Granholm responded, "You can't give tax credits to everybody, because somebody's … not costless. And because the film incentive is so generous, the … Statistics, the entire U.S. film and video production industry provides 206,900 …

Flawed MSU Film Subsidy Report Misleads Taxpayers

… to analyze a controversial film subsidy program that covers … percent of the expense of films shot in this state. MSU economists … rather than being granted as tax credits.) The study should be redone … of discriminatory business tax breaks granted to particular … who erect movie sets. To the credit of the MSU economists, they …

Film Incentive Drama May Upset Reforms

… program known as the Michigan Film Incentive is scheduled to be … attempts to reform the rest of the tax code. The best solution is to … could receive an assignable credit for up to 25 percent. The … million assignable (sellable) tax credit for a movie studio “investment” … Economic Growth Authority tax credit program. Once one special …

Mitch Albom's 'Single-Industry' Blunder

There's much more to Michigan's economy than autos

… million taxpayer dollars that Michigan's state government has distributed to film producers since 2008: “I'll just say what I said when we proposed it as … make this state attractive to all job-creating entrepreneurs, with low taxes and reasonable regulations. Politicians granting special favors to a particular …

So Long Film Subsidies

Other 'economic development' programs should be next

… state will no longer offer new film productions taxpayer money … development considering that film incentives passed with only … should be skeptical that giving tax money to develop residential … Economic Growth Authority credits, but the deals that were made … revisiting whether these credits should remain refundable. …

That's a Wrap! Film Subsidies Terminated

Bill ending program now a law

… that phases out Michigan’s film subsidy program. The measure, … of 2015, prohibits the state film office and the relevant agencies from entering into any new film subsidy agreements or adding … continue to have a Michigan Film Office to assist moviemakers … Subsidies as a 'Boondoggle' Film Tax Credits Don't Grow the Economy …

LaFaive Op-Ed Published in The Detroit News

Why Michigan shouldn't single out Switch for tax breaks

… west Michigan. Citing past failed incentive programs, such as the film tax credits, LaFaive suggests an alternative to singling out Switch or other data … alternative scenario. Doing so would likely demonstrate that broad-based tax cuts are superior to targeted ones. Read the entire op-ed in The Detroit …

GlobalWatt's the Deal?

… granted. A courtesy super or CG crediting the Mackinac Center would … possible by $42 million in tax breaks from both the state and … applications for Michigan tax credits. Center Fiscal Policy Director … application for Michigan tax credits in November, the other in … for a proposed West Michigan film studio. Like GlobalWatt, it …

Republicans Backtracking on Previous Good Tax Work

More holes in the tax code with data center deal

… exempts it from sales and use taxes and some property taxes. This is a move back toward … Legislature that ended the film credits program, which also benefited … progress by ending select tax credits, backed by a reform-minded … of the problems with the tax credit world is that you’re picking …

News Release: Mackinac Center Economist: Film Incentive Possible Job Killer

Overall costs of the subsidy, including taxes on existing businesses, must be considered

… the extension of the Michigan Film Incentive, Mackinac Center … program offers refundable tax credits worth up to 42 percent of expenditures made in Michigan by film production companies and is expected to yield tax credits of $100 million or more … paying the new Michigan business tax and its related surcharge. As …

Film Subsidy Money Has to Come From Somewhere

Actress's defense a case study for why movie program is an economic failure

… taxpayers as part of the state’s film subsidy program. The legislature … scaled back the Michigan film tax credits, which previously awarded … was your experience like filming the show in Michigan and seeing … kind of impact the state's film credits made during a down economy?  … fantastic. (Critics of film credits) keep saying they want …

Other States Divulge What Michigan's Corporate Welfare Arm Keeps Secret

… disclose corporate income tax credits, and the trend among states … more willing to disclose tax credits because they understand … is not disclosing corporate tax returns or tax liabilities”. … 2009, why did the Michigan Film Office continue to release … to through the state’s film credit program? State officials …

Gov. Snyder’s Proposed Corporate Income Tax, Including Elimination of MEGA Program and Film Subsidies, Holds Promise for Michigan Economy, Analyst Says

‘Jobs’ programs not only failed, but distracted policymakers from effective tax reform

… Snyder’s flat corporate income tax proposal would eliminate Michigan Economic Growth Authority tax credits, including the film subsidy, represents a victory … every $123,000 in MEGA tax credits offered, the program created … for every $1 million in tax credits actually earned by MEGA …

Five Reasons Government Subsidies For Films Are A Bad Idea

Politicians help Big Hollywood soak taxpayers for few benefits, much harm

… percent of expenditures for film, television, music video, video … back to the state in terms of tax dollars is a Michigan Senate … that nearly half of the film credits left Michigan and had no … Jersey have suspended their tax credits. Rhode Island has capped … of the 42 states offering credits, predicts half the states …

Tax Cut Fever’ – Never Burning Hot

… lawmakers are suffering a bout of “tax cut fever” and have slashed … the form of refundable tax credits. On the treasury’s financial … give out money in these tax credits, government must raise tax … Giving out subsidies through film credits, for instance, may mean … In order to pay out these credits, this money has to come from …

Michigan Film Subsidies: Two Years, $117 Million and No Film Job Growth

… two years since Michigan's film subsidy program became law, … fewer people employed by the film industry in Michigan than before … subsidy program began. The film subsidy program was signed … to measure, its effects on taxes and the budget are significant. … authorized $117 million in film credits, and the Department of …

Analysis of Michigan Film Subsidies: Two Years, $117m - and No Film Job Growth

… two years since Michigan's film subsidy program became law, … fewer people employed by the film industry in Michigan than before … subsidy program began. The film subsidy program was signed … to measure, its effects on taxes and the budget are significant. … authorized $117 million in film credits, and the Department of …

The 'Pro Big Business' Myth Put to Rest

… abuse — of state and local tax incentives to businesses. The … The plant is now closed. Film tax breaks and subsidies — of … York City. Nonetheless, the film, a scathing look at bankers’ … received $10 million in tax credits, according to 20th Century … million in manufacturing tax credits per county. Another study …

Senator Called Film Subsidies 'a Waste,' Now Votes to Continue Them

… he considered Michigan’s film credits to be “a waste” and criticized … voted to extend Michigan’s film subsidy program beyond 2017 … Daley) has voted for the film credits about every time." Sen. … makes changes to the current credits,” Sen. Green told Capitol … one thing, we’d get a bigger tax return on them; it would be …

Michael & Me

In his 2009 film "Capitalism: A Love Story," Michigan native … from Michigan's refundable tax credit program for the film industry, … movie producers to apply for a tax refund of up to 42 percent of … incentive and ... will receive credits" once the state treasury department … studio" to apply for the tax credit for "Capitalism: A Love …

Governor Describes Film Subsidies as Jobs Program, so "Why Not Give Them Spoons?"

… Press characterizes Gov. Jennifer Granholm's understanding of the state film production subsidies: "Goal of film tax credit is jobs, not more revenue." There's a story from the 1960s about the …

Governor Describes Film Subsidies as Jobs Program, so "Why Not Give Them Spoons?"

… Press characterizes Gov. Jennifer Granholm's understanding of the state film production subsidies: "Goal of film tax credit is jobs, not more revenue." There's a story from the 1960s about the …

Fewer People Employed in Michigan Movie Industry Than Before Film Tax Credits Began

… two years since the Michigan film incentive went into effect … Policy Analyst James Hohman. "Film incentive supporters often … legislation was signed creating the film subsidy program, that same … percent more.  "While the film incentive program has succeeded … what the Michigan Business Tax extracts from other state businesses. …

Little House on the Subsidized Prairie

Melissa Gilbert says she won't start theater company unless Schauer wins

… the subsidies it delivers to film producers from the current … 25 percent “refundable” tax credit worth up to $20 million … a check for however much a credit exceeds a producer’s tax liability in the state.) There … studies their impact. “Film credits have a very minimal effect. …

Filmmaker Michael Moore's "Capitalism: A Love Story" Approved for Taxpayer Subsidy in Michigan

Moore, now a member of the state's Film Office Advisory Council, was once seemingly critical of the program, Mackinac Center video reveals

… a subsidy from the Michigan Film Office, according to a video … Policy. Moore is a member of the Film Office Advisory Council, which advises the state-run Michigan Film Office. "While we don't blame … filmmakers with refundable tax credits worth as much as 42 percent … unemployment rate justify special tax favors to millionaire filmmakers? …

Public Employee Pension Systems Raided To Pay Film Studio Bills

Michigan teachers and state employee systems paid $1.68 million so far for Pontiac studio

… legal and state projects at the Tax Foundation in Washington, D.C., has analyzed state film credits around the country and … like supporters of the film tax credit be held financially responsible … financial struggles on the film tax credit being reduced.  The state reduced the tax credit from $100 million when the …

Michigan Film Office

The Michigan Film Office, which employs the equivalent of six … the state began the Michigan Film Incentive, a program that provides refundable credits against the Michigan business tax for qualifying film companies … awarded $48 million in tax credits in 2008.[69] The Michigan …

Mackinac Center Director of Research to Debate Lansing Mayor on Economic Development

Panelists Will Discuss the Current Political Realities and Ideology of Corporate Welfare

… jobs to the state through tax credits and other incentives. Research … behind $9 billion in unclaimed credits, which businesses may redeem … corporate welfare was the state’s film subsidy program, which doled … signed the death warrant for film incentives earlier this summer, … “The argument against targeted tax breaks and other forms of corporate …

Center Upends State Incentive for Suspicious Film Studio Deal

… been offered generous state tax breaks from the Michigan Economic Development Corp. and Michigan Film Office. Among other projects, … receive an "assignable" tax credit (one he could sell for cash) … brought a whopping $10 million credit. Hoekstra and LaFaive left … discover the status of the tax credit application and the nature …

Don’t Bring Back Granholm’s Tax Credit Legacy

Legislators are considering it

… considering creating new targeted tax credit programs, a key part of … was centered on giving tax credits and other favors to politically … industries – combined with higher taxes for everyone else. There’s … auto companies, battery firms, film studios, and companies involved … the form of refundable tax credits, essentially direct subsidies. …

State Legislators Need All the Facts on Film Subsidies

(Editor's note: The House Tax Committee and House New Economy … today to discuss the Michigan film incentive program. As you consider … a Michigan State University film subsidy "impact" study (funded … misleading to refer to this as a "tax credit" program. It is in fact … subsidy in the form of a tax credit program. Sadly, the Michigan …

News Release: Fewer People Employed in Michigan Movie Industry Than Before Film Tax Credits Began, According to Center Analyst

Despite state giving away $117 million in subsidies over two years, there are nearly 10 percent fewer industry jobs

… two years since the Michigan film incentive went into effect … Policy Analyst James Hohman. "Film incentive supporters often … legislation was signed creating the film subsidy program, that same … 9.8 percent more. "While the film incentive program has succeeded … what the Michigan Business Tax extracts from other state businesses. …

Tear Down This 'Film Industry' Facade

… their editorial "Ours: Keep film credits for now." The Mackinac … the notion that the Michigan Film Incentive program is a policy … defense of keeping the state film subsidy program to give the … three levels ("Ours: Keep film credits for now," November 6). … Fiscal Agency report, other tax revenues generated by subsidized …

The Myth of a Spreading ‘Tax Cut Fever’

… lawmakers are suffering a bout of “tax cut fever” that has slashed … the form of refundable tax credits. The treasury will have … give out money in these tax credits, government must raise tax … Giving out subsidies through film credits, for instance, may mean … In order to pay out these credits, this money has to come from …

Film Transparency – Just say No?

… transparency in the state’s film subsidy program. On Dec. 17, … film production spending and credit information online and clarifies … that emerged from the state film-tax incentives controversy involving … & Me Lawmaker Says Special Tax Favors Are 'Cronyism'  Analysis: … Story Lawmakers Tackle Film Credit Transparency Michael Moore …

Michigan Film Office

he Michigan Film Office was formed in 1979 to "assist and attract … Michigan's first film industry tax incentives were enacted in a … production companies to earn tax credits of up to 42 percent of the … warning that, "[T]he film tax credits will cost the State far … and Suzanne Lowe, "MBT Film Credit Cap: Analysis as Reported …

Politicians Should Stand Up for Taxpayers

Instead of sending their money to Hollywood

Proponents of the Michigan film subsidy program, which like all corporate welfare … state. Maryland spends $40 million on film subsidies, most of which goes to that … Give us millions more dollars in tax credits, or we will 'break down our stage, … which spends $50 million per year on film subsidies, is if politicians would …

Fuzzy Film Math

… Free Press on the Michigan Film Office stated that its tax-credit program to attract Hollywood … "The state's 42% movie tax credits have created more than 3,000 … study promoted by the Michigan Film Office. According to a Michigan … from Michigan businesses in taxes and then given to Hollywood …

Blowing the Lid off Film Subsidy Duplicity

… investors in the "Hangar42" film studio project that Gov. Jennifer … information from the sealed tax credit application." Meanwhile, … call the cash subsidies "tax credits." This in spite of analysis … mischaracterizing the subsidies as "mere" tax breaks. An editorial in the … mere fact that the film (tax credit) program is misnamed is …

Eliminate the Michigan Film Incentive

The Michigan Film Incentive suffers from the shortcomings of … size of its refundable tax credits risks massive wealth transfers from Michigan businesses to film production companies, many … Miller and Kathryn Prater, "Film Incentive Fans Urge Lawmakers to Keep Credits," Lansing State Journal, http://www.lansing …

From Here to Eternity?

Motion Picture Association of America letter wants permanent corporate welfare for movies

… rs are constantly told that film incentives are supposed to … considered for major feature films.” The MPAA represents nearly every major film and television producer in … state and local government tax revenue was likely well under … subsidies; significant film credits only began in California …

'Special Interest' Campaign Rhetoric Doesn't Match With Reality

As a legislator, Mark Schauer voted to approve tax breaks and subsidies to plenty of favored businesses

… tools, many of which dole out tax breaks and incentives to government's … history of voting in favor of tax incentives for favored businesses. … voted for one of the largest tax incentives the state has offered — the state's film tax credits program that has given … CapCon Coverage of the State Film Subsidy Program