Study Brings Up Film Tax Credit Debate

WDUQNews: "The state’s current system of giving tax credits to filmmakers was backed up by a study given to the Legislative Budget and Finance Committee. The study results showed that the taxes generated by these films (almost $63 million this year) do not reach the total spent in tax credits each year ($75 million). However, the other benefits of the filming, including jobs created and money spent on goods and services far outweigh the state’s output. As much as $524 million in wages and spending were made by the state this year, the study says."