Sunday, June 8, 2008

Keep movie tax credits rolling: Tax break will cost state millions, but long-term payoff should be worth costs

Detroit Free Press Editorial (June 8, 2008)

Two months ago, state lawmakers were falling all over themselves to enact hefty tax credits to lure more movies to Michigan. The legislation passed with just one dissenting vote among the 148 representatives and senators. So now that something they did seems to be working as intended, some lawmakers are having second thoughts, fretting that the costs will be too high and suggesting the credits be capped or otherwise limited.

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