Pure politics -- something that looks good, but pales when you read the details.
First, I do agree that "this is an industry that chases tax incentives" as minimizing production costs is key. And, I recognize that an industry that "pumps" $5 Billion annually into the local economy is deserving of a tax break. But limiting the credit to $250K lifetime per production just shifts the incoming revenue source from a known entity -- a large budget movie or long running TV series -- to a larger group of *potential* productions each getting a smaller piece, and those smaller projects are less of a given. Also, limiting the incentive to 4 years means, for example, that the money L&O pumps into NYC today is less desirable than a new series (with a 90% cancellation rate) tomorrow. Does anyone really think that long running series wouldn't move to Toronto, Vancouver or some other location simply because they've been here a while? First they say productions follow the money and then they take the money away from the most successful of them -- all while putting up a public front about how they are fighting to keep productions here. Ron Casalotti Wayne, NJ On May 27, 10:57 am, Bob in Jersey <[email protected]> wrote: > Does D*ck Wolf actually use this incentive? > > http://news.yahoo.com/s/ap/20090526/ap_en_tv/ny_filming_in_nyc > > -- > BOB --~--~---------~--~----~------------~-------~--~----~ TV or Not TV .... Smart (TV) People on Ice! You received this message because you are subscribed to the Google Groups "TV or Not TV" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/tvornottv?hl=en -~----------~----~----~----~------~----~------~--~---
