August 9, 2012

REPEAL THE HOLLYWOOD TAX CUTS! (LOCAL EDITION): La. film tax break program needs limits, budget group says. “Louisiana has spent more than $1 billion over the past decade to attract movie productions to the state, but hasn’t received much in return besides the prestige of hosting big-name Hollywood actors, according to a report released today. The left-leaning Louisiana Budget Project suggests state lawmakers should put tighter limits on the generous film tax break program, lessening the credits offered and capping the amount of money it can cost the state each year.” Actually, it should be abolished, as should similar programs in almost every other state. And this is something state Tea Party groups might even make common cause with lefties on.