Quote dumpthemonarchy:
It is time to phase out tax credits to finance Hollywood films. Why make Hollywood ricer and stifle our own movie industry? Really, we're just wetbacks to Hollywood. I met a guy last week who made $30 hr plus pushing a chair cart around. I shouldn't be subsidizing this.
Sure is tough to find a current article on this topic and they never discuss actual dollars spent by taxpayers. A total ripoff!!
Unquote.
ricer?
No, it is not time we phased out tax credits to Canada's film industries.
Dumb idea.
Be it a Hollywood flick, a Bollywood flic, an Idie, or a Euro being partially location shot in Canada or a standalone homegrown effort Canada's film industry needs all the help it can get.
Tax credits mean the Canadian film business is just paying slightly less tax than some other Canadian corporations.
It's no gift.
It just means they pay a little bit less to Big Brother.
I figure Oil companies, Booze distillers, Cigarette manufactures, Payday loan companies and the like SHOULD pay a little more tax than a small, homegrown film industry.
The film industry is fairly environmentally ethical and low impact.
On occasion the films themselves encourage people to think for themselves.
See the Indian flic Water or Cohen Bros films as an example.
So why not encourage the film industry in Canada?
And it's not at all about subsidizing Hollywood flics over Canadian content.
But it definitely is all about developing Canadian skills and film infrastructure.
Canadian talent and opportunities.
Who cares where the film development monies come from?
Hollywood or Europe?
Spend it in Canada, I say.
We can use every location shoot we can get.
Money, after all, is sticky.
So dumpthemonarchy has a very poorly thought out complaint on this topic the way I see it.
Trex