Odious Ode to Rick Snyder--an original ukulele song by Cindy Chu
Uploader Comments (bgirlcindy)
All Comments (15)
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You can save the state with industries like turkey and corn. Get a clue, the film industry turned 65,000,000 the Michigan Dairy industry turned 1,980,000,000 last year at the farm gate and double that after processing. And they did it without a 40% tax credit. Every time someone evaluates a tax incentive or credit, it always pays off, or it wouldn't have been suggested. The state cannot afford to "invest" in your tax credit or any other at this point
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"Give it 5 years, then evaluate it. That's what Bobby Jindal, a fiscal conservative, did in Louisiana. He did not pass the law, just like Snyder. An independent study in 2009... showed economic output of $763 million between 2005 and 2007. The state legislature than made the incentives permanent... Georgia, Louisiana, New Mexico are popping corks right now [over Snyder's decision]." -- thedaily dot com.
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"The study, conducted by MSU’s Center for Economic Analysis, found that in 2008, 32 film productions were completed, generating more than $65 million in spending and creating more than 2,700 jobs. And this was just in the eight months since the law was enacted in April of 2008."
"Governor Bobby Jindal announced that he signed nine tax incentive bills into law... Notably, he signed HB 898 which increases the film production tax credit"
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So, we're going to save this state with turkeys and corn? LMAO!!
$1.3 million is enough for 8 of us, full-time. See, we don't make as much as some of those bloated CEO salaries like at Gateway -- you know, before Rick sold it to the Taiwanese.
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if you want data driven reports message me they all rebuke ernest / young report all are non partisan as well
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@Mrbluestarfilm last time i checked rick was ending all credits for every industry so he is being consistent plus read the report from the center of public pilicy on page 10 you will then be informed
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1.3 million.....that would not create 3 or 4 full time jobs over the course of a year. I think you guys need to have a idea about what kind of money real businesses turn. And yes there are plenty of good industries in Michigan you just can't see them threw your camera lense. I am not talking about cars, I am talking about peaches and apples and cherries and corn and ethenol and hogs, and turkeys and chickens and eggs and milk and cheese and ice cream and yogurt and beef and try billions
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The people who are against the film tax incentive who argue it is a form of "welfare" or a "government handout" are misinformed and don't really understand how tax incentives work. As a Republican or "conservative" you cannot be for government tax cuts to businesses and against THIS tax incentive at the same time. That's called hypocrisy. Either you support tax cuts and incentives to lure businesses to the state and keep them there (auto, health, manufacturing, etc.) or you're against them.
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@2paramount2 "Plenty of good industries in Michigan?" Where have you been? This state is in the toilet. There are no jobs anywhere. Gov. Snyder talked about reinventing Michigan. That means thinking beyond just the auto industry and manufacturing and this film industry falls into that realm. Last year my studio spent a new record in this state ($1.3 million) and we hired several new office workers and artists to keep up with demand. If the incentives are cut, you can kiss 1000s of jobs goodbye.
This dude clearly doesn't know anything about economics or CORN subsidies. Corn is so heavily subsidized, and that's why they're force feeding it to cows on CAFOs, creating toxic wastelands, and cows that need antibiotics just to survive because they can't digest corn. Oh, so the government can "invest" in corn because it does so much good for our economy? Tell that to the farmers who have lost their farms because of Monsanto's seed patents. Ugh, people like 2paramount2 utterly disgust me.
bgirlcindy 1 year ago
Thanks, Steelie! ^_^
bgirlcindy 1 year ago