• Research Report

    N.C.’s Film Tax Incentives: Good Old-Fashioned Corporate Welfare

    posted July 17, 2012 by Jon Sanders
    Once a popular off-Hollywood venue for filmmakers before state film tax incentives, North Carolina is now one of the leaders in a race to the bottom among other states and nations in giveaways to movie production companies. The incentives show that state leaders know that lower taxes and regulations attract industry. So why play favorites with industries? Why not just lower taxes and regulations altogether?
  • Research Report

    Not the Best of Both Worlds: Tax credit will not save movies but will lose money

    posted July 21, 2009 by Jacob Burgdorf, Joseph Coletti
    A 25 percent income tax credit on film production expenses would cost the state $63.3 million more each year than the current 15 percent credit, which loses $11.2 million. Ernst & Young estimated the state lost $0.02 on each dollar of tax credits assuming all film-related economic activity result from the tax credit.

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