HOLLYWOOD tax credit ??!!!
In Massachusetts, lawmaker discovered a similar program that was way more expensive than they thought. after years of supporting the film productions without looking ever closely at how that was helping, state official to put it under lens and later on the taxpayers spend almost as $300,000 to the bankroll. other states that went in close to hundreds of millions of dollars..... tax breaks that every dollar was put into the film INDUSTRY ....
"Runaway Production" the flight of filmmaking... role in California's unemployment rate increase more. But as the money continue to shrink more and more.. Hollywood is challenging to prove a plan for $200 MILLION or more.. Nicholas Johnson vice president for sate fiscal activity.... says the state is using money it then cant use for other things, like education, transportation and healthcare, which also create jobs and economic growth," ....
This is important because the article is about film and also effects peoples job also money problem....... what got my attention of this article was the part when it says the California tax break "impacts the confidence of this industry and whether a talent pool of people will remain here," Broad said....
It impact me as a student because it might effect the school and also the film business.........?
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