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: GamePolitics.comMichigan?s Film Incentives, Do They Work?
By pete_gallagher
An issue paper published by Michigan's Senate Fiscal Agency examined the state's film incentive program and stated that the economic enticements 'represent lost revenue and do not generate sufficient private sector activity to offset their costs completely.'
Authored by economist David Zin, the paper (PDF) imparts a belief that tax breaks (which also apply to videogame makers) have 'generally exhibited' a positive impact on the private sector, at least in terms of creating jobs and generating income, he added, 'Any probable impact from the film incentives is likely to have a negligible impact on economic activity in Michigan, particularly when the economy is viewed as a whole.'
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Full post as published by GamePolitics.com on November 15, 2010 (boomark / email).
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