7/24/2006

More On Hollywood Tax Credits

Here is an interesting discussion by Senator Runner of AB 777 and the push for tax incentives for the film industry by some of the same people who often oppose Enterprise Zones:
It's no great mystery that the movie industry is leaving California. What is ironic is that the majority party recognizes the detrimental impact of the state's hostile business climate on the movie industry, but not on others. Time and time again, Republicans have advocated for tax incentives for manufacturing and research sectors that create jobs for working Californians, only to be portrayed as pro-business tax relief supporters. Yet, Democrats become converts when it comes to a glitzy favored industry.