Michigan has a huge movie industry rising, thanks (not) to our gobernor.
Our esteemed Gobernor has just annouced that a movie studio plans on building a movie lot in an old automotive plant
If approved, Motown Motion Picture LLC could be operational this year in an estimated 600,000-square-foot space at General Motors Corp.'s former Centerpoint truck plant, she said, adding that the complex could create about 3,600 direct jobs and more than 1,500 indirect jobs.
You may say "well that's great" but ....
The state is not expected to fund construction, but is offering about $15 million in film-related tax credits, plus as much as $101 million in state tax credits over 12 years, if criteria are met, according to the Wall Street Journal.
We are pratically paying them to come to the state.
Since Michigan approved aggressive tax incentives last April to lure Hollywood filmmakers to the state, 71 projects have been approved, with 37 films already completed, Tony Wenson, chief operating officer of the Michigan Film Office,
Agressive tax incentives means begged, pleaded, cried and just about offered to pay for their expenses.
Posted by Quality Weenie at February 3, 2009 11:04 AM | TrackBack:( I know they're trying to lure industry there for employment opportunities, but why don't they cut citizen's taxes instead? Or some of both?
Posted by: Pam at February 3, 2009 02:10 PMThat's all well and good because it should bring other money to the state. Arnold is not offering that to the studios anymore and the number of movies being shot in California is way down. So now that money is not being spent here.
Posted by: Navy CPO at February 4, 2009 12:54 PMPam - cut citizens taxes? Bwhahahahahahaha, oh that is a good one, the state thinking of it's citizens, bwahahahahahhahaha
We have dumocrats running the whole damn state, they don't give a rats ass about the citizens.
The tax breaks they are giving the movie industry means that the movie industry are making movies here for almost free. Besides the catering industry how is that helping Michigan at all?
Posted by: Quality Weenie at February 5, 2009 01:01 PM