Movie Industry Tax Incentives and the Impact on GA

11:36 AM, Apr 26, 2013   |    comments
  • Share
  • Print
  • - A A A +

The motion picture and television industry is responsible for more than 22,000 jobs and $1.3 billion dollars in wages for Georgia, according to the Motion Picture Association of America.

But not everyone sees that as a clear-cut benefit. Eyewitness News talked with Joseph Henchman, the vice president of Legal and State Projects for the Tax Foundation.

He offered some insight on the huge tax credit that's drawing the film industry to the peach state.

"Every independent analysis that has been done of film tax incentive programs has shown that they are not worth it, that the state government only gets back somewhere between ten and twenty cents on the dollar, for every dollar paid out in incentives. You'll hear a lot of the proponents of this talk about all of the benefits of the program but you've really got to compare benefits and costs," said Henchman.

Most Watched Videos