Serving the Film and Television Industry in New England
I've been reading a lot about what is going on in Rhode Island and changing of tax incentives.
I am a citizen of Massachsetts.
Last year I worked as an extra on the tv show Body of Proof, filmed in Providence.
I did my taxes last night, and ended up paying income tax to the state of Rhode Island- which I was happy to do because their incentives got me the job in the first place.
To anyone who thinks tax credits for the film industry do not benefit the economy, I can say personally that I have paid taxes in RI and MA for film/ TV work I did. Had those projects been filmed elsewhere, I would not have been paid money, which I used to buy gas for my car, cigarettes, etc and thus went back into the local economy. And I would not have paid taxes.
I worked on Slip N Fall a few years ago. I had to pay parking, gas, food, etc. I saw some tourists pass by, see the cameras and crew, and go into a camera store and exit with thousands of dollars in cameras, recorders, etc.
I was on a failed ABC pilot, House Rules, and there was a huge crane to move the camer for establishing shots of the state capitol building. A friend on the crew told me they cost something like $5,000.00 a day to rent- from local businesses.
Films are good for the economy. They bring money into the state, way more than the tax incentives cost, and they bring jobs. Even if you have no interest in film you are benefitting from it in MA and RI in terms of the economy.
Tax incentives bring money into the economy and into the tax system. They provide jobs, which also benefits the entire economy.
Tags: MA, RI, Tamarin, activist, economy, financial, incentive, lobbbying, tax
Permalink Reply by Skyjam videos - David Smith on April 4, 2011 at 11:14am I agree with you David
It has become so convoluted and confusing. I have read article after article on this and research and accounting papers and graphs and the list goes on and on
The common thread that you here among opponents is "The local jobs are temporary and much of the crew comes from outside of the state where the production is being shot"
My problem with their argument is the lack of detailed involvement in "trickle down economics". It's rarely documented, rarely talked about in any of the research. I don't find that the studies reach far enough into the basement.
On the flip side, so many states have been trying to get their hands on this - I believe it's 43, but we are seeing a trend where states are dropping the film tax credit
It's so frustrating and I go back to what I have stated before. We really need to produce from within this region, on our own, and not rely on a studio production to show up at our doorstep.
I am happy that studio productions do come here, it's great, and I'm hoping to see more but it doesn't look good in terms of the overall numbers and the future
We have the talent here. We don't have the Quantity if you stack it up against LA or NY, but we have the quality - it's just smaller in numbers
What confuses me are the studies by the Department of Revenue and the approach. I just don't think they take into account all the numbers, all the way down the line, from top to bottom. It's like that show "Undercover Boss". The people at the top really don't know what's happening at the bottom and I am referring to "trickle down economics"
Here's how Orgeon stacks it up as they may be dropping their FILM tax credit also
"the incentives are also under attack as wasteful and a poor way to allocate state money. Critics also say they unfairly benefit the rich and are an unproven way to spur economic development. "As far as subsidies go, it's one of the most ridiculous ones any state would have," said Jody Wiser, founder of the activist group Tax Fairness Oregon. Documents from the Oregon Governor's Office of Film & Television show that wealthy Oregonians have reaped thousands of dollars in guaranteed returns -- returns paid for by taxpayers -- through the state's tax credit program.
Permalink Reply by David L Tamarin on April 5, 2011 at 7:14am excellent points
On May 2 there is going to be some type of event, I got this message from Chuck Slavin's facebook group:
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