2ND UPDATE: Who know when, or if, this will ever pass…
That $100 million in tax incentives annually for 5 years for movie studios to film in California, known as the runaway film production credit, is still in the state’s budget package. The Legislature were scheduled to vote on it Saturday, but it may take the entire weekend because of arm-twisting among lawmakers.
New California Budget Blueprint Contains Showbiz Tax Breaks; Will They Pass?
Editor-in-Chief Nikki Finke - tip her here.




Barndoor… say hello to horses… what’s that? They left? Awww….
They will probably kill it in Sacramento on Saturday.
The legislature can’t stand giving Hollywood any breaks (it doesn’t look good politically for the large part of the state that is in ReaganTown or Nixonville) and will use the excuse that the state “can’t afford it right now with our budget problems” so they will let all the CA based production work go to New Mexico, Canada, Romania or anywhere else and kill the state economy even more right now when the state needs it most.
If they do approve it I will be shocked, very pleased, but shocked.
If the economic crisis finally makes anti-Hollywood legislators cave and give Hollywood much-needed “shoot local” tax breaks, it will have been worth it? I mean, what were they thinking all these years? LA is primarily a one-industry town, and all these fleeing jobs to New Orleans, Georgia and New Mexico, mixed in with Alan “Pure Evil” Rosenberg’s ill-timed strike threats have pretty much killed our economy for a full-year…with repercussions to be felt for years.
Too little. Too late.
The liberals who control Sacramento consider ANY tax breaks for ANY industry to be repugnant. If productions flee, so what? If jobs disappear, sa la vie. They only care about money being filtered through their dirty hands first. For us, the taxpayers and workers, too bad.
people will be pissed if this passes. giving hollywood a tax break while taxing individuals, other small businesses & gas like never before? It better not pass. Who cares if Arnold is an actor & wants to help Hollyweird. Now is NOT the time!
Dear worker,
Duhhhhhhhhhhhh. Giving tax incentives to Hollywood=giving jobs to all the supporting businesses (i.e. taxpayers, small businesses)jobs=helping the California economy.
Why the H-LL can’t you figure that out. More importantly, why the H-ll couldn’t the dolts in Sacramento figure that out years ago??????????????????
This stupidity is the reason why California is in such trouble.
This state is a fucking joke! Our sales tax is going up to 9.25% and they are increasing our gas tax $.12 from $.75 a gallon to $.88 a gallon. Not to mention our dmv registration fees are going to double. We the people of this crooked state should be outraged and demand to see where every single penny going. Fucking democrats!
these hacks in sac are too close to the tree that they cant see the forest, hollywood is the #1 employer in southern california and if hollywood is booming local business is booming, local taxpayers ie: studio employees if they are working they are spending money, buying houses, cars, ect. and flooding our town with MONEY, thus stimulating our economy, is this so hard to understand! is it really that simple? YES!!!
tracy – no, just no. hollywood is a small part so give me a break. Most of CA could care less about runaway productions and how a tax break might help other people get jobs, etc. but EVERYONE can care about the things infamous mentions (whether they work in this industry or not!)
I don’t understand this. One vote. Gee its like that Kevin Costner film Swing Vote. Don’t the studios have pr and lobbyists? I mean they can’t do a Blagojevich and try to convince them the wrong way to give up that vote. In Swing Vote K Costner got everything in that movie, just to vote again.
As for tax credits themselves, I hear North Carolina is planning for more Hollywood money. Why don’t the big six do a mapquest tour of America and acquire the images they need. Then they can copy and paste them into their digital films with a few CGI tweaks. I mean hotel bills, airfares, insurance have to eat deeply into that 50 percent tax credit most states are giving out now adays. Vote and restore sanity back to film biz. I don’t want to ever see a made in Michigan film credit again.
To all the short-sighted, misinformed people in this thread — it’s not the DEMOCRATS who fucked up the economy, but the rightwing republican fuckwads here and in DC.
Educate yourself, like Tracy and DD obviously have. You just look foolish blaming the wrong people.
Luzid: The Republicans have screwed up a lot of things, but California’s problems were brought on by Democrats who have been increasing government spending at twice the rate of the growth of the economy. When you do that, it requires constantly increasing taxes or massive borrowing to make up the shortfall. Also, as a registered Democrat, I am embarrased that it was my party who, in 2006, defeated the proposed federal legislation to tighten the regulations on Freddie Mac and Fannie Mae. Passage of that legislation would have prevented at least part of the econonmic meltdown we have today. I’m always happy to blame Repulicans for the problems they caused; but acusing them of things they didn’t do is lying, and, well… acting like Republicans. I won’t do that.
Luzid, I know blind bigotry and ignorance takes less effort than facts and reason, but you really might want to try thinking some time. California has been ruled by the Dems for ages, and the oppressive taxes and regulations have driven off businesses at an alarming rate. California would have had a negative growth rate except for illegal aliens. The economic state of California is a direct response of the Democrats’ policies.
The national mess was caused by Democrats who required the banks to lend money to people who had no means of paying it back. The Republicans tried over a dozen times to reign in the mess before it exploded, and it was the Democrats who blocked the legislation every time. Every single fucking time. They’re to blame.