Thursday, February 5, 2009

We've got stars in our eyes

By Laura Berman | Detroit News | February 5, 2009

Clint Eastwood split but Hilary Swank has been shooting in Ann Arbor. Since Michigan unrolled its red carpet to the film industry in April, every actor from Sigourney Weaver to Oscar the Dog has been here, enticed by an array of tax goodies you just can't get in California or anywhere else.

Movie producers used to go to Bulgaria for what Michigan is now selling: up to 42 percent tax refunds for costs incurred while making movies in Michigan. And, hey, the big discounts are creating more than buzz.

Two new movie studios are being built for about $140 million -- studios with jobs for thousands.

But will the great deals really pay off in the end?

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