WBRZ TV: LA Film Tax Credits Prove Costly

A new clip from WBRZ discusses costly film tax credits and its return on investment.

Here is an excerpt:
The director of the Louisiana Budget Project, Jan Moller, says while the state has been cutting money from health care and education, it’s also been spending more to subsidize the film industry.

“It’s a question of priorities and we think it’s probably time to start reigning in the cost of these subsidies,” said Moller. “The question is not whether we want the film industry here, the real question is what are we willing to pay to bring them here?”

The governor's plan will mainly benefit corporations and the wealthy, while working and middle-class families will pay more for services and products we use every day such as diapers, garbage collection, haircuts and home repairs. Louisiana’s tax system certainly needs to be improved, but this is the wrong way to do it.
Gov. Jeff Landry has called the Legislature into a special session to overhaul Louisiana’s tax structure.