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Few states study impact of costly tax breaks
April 12, 2012 /
In 2008, Wisconsin became a good buddy to the film industry.
That’s when the state began offering film producers some of the most generous tax incentives in the nation — a 25 percent credit for money spent on production along with 15 percent cash back for spending on infrastructure. The state’s goal was simple: reel in major producers, along with their heavy wallets.
But when Hollywood arrived in Wisconsin, its money traveled elsewhere.
By Jim Malewitz, Stateline Staff Writer
Full Story: http://www.stateline.org/live/details/story?contentId=644873
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