Clip and save | Arkansas Blog

Sunday, October 12, 2008

Clip and save

Posted By on Sun, Oct 12, 2008 at 1:12 PM

Many in Arkanas are anxious to adopt a corporate welfare program for movie makers. They want to match generous incentives offered in Louisiana (New Orleans, above, is obviously a popular setting) and elsewhere to lure movie productions. An article in today's New York Times is worth saving for future legislative debates.

Concerns: "Creative" accounting; rebates that exceed the value of in-state expenditures; rebates on money never spent in state; cutthroat competiton from other states; giving better rebates to temporary employers while real residential businesses pay the freight.

 

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