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(LA Times)   Recent California tax changes to incentivize filming seem to be working as eleven shows have now relocated to the we-didnt-vote-for-Trump state. Hotel California is all booked up   ( latimes.com) divider line
    More: Cool, Los Angeles, new FX drama, tax incentive program, Los Angeles area, California Film Commission, tax credit allocation, series, supernatural series  
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947 clicks; posted to Business » on 18 Mar 2017 at 5:12 AM (30 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



24 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2017-03-18 05:23:19 AM  
demonstrating that tax incentives work? well ok.
 
2017-03-18 05:33:00 AM  
I'm a prisoner here with my own head lice.
 
2017-03-18 05:43:42 AM  

TDBoedy: demonstrating that tax incentives work? well ok.


Seriously. That's probably lost on Californians.
 
2017-03-18 06:19:09 AM  

Lsherm: TDBoedy: demonstrating that tax incentives work? well ok.

Seriously. That's probably lost on Californians.


img.fark.net
 
2017-03-18 09:31:35 AM  
So will all those good California liberals be out protesting this blatant example of corporate welfare?
 
2017-03-18 09:42:07 AM  
I'm getting a kick out of this thread because I live in a very Republican suburb of Los Angeles.  It is the kind of place where the cjity council bends over backwards for most kinds of business, but especially for our primary industry:  filming for Hollywood.
 
2017-03-18 09:44:15 AM  

Basily Gourt: So will all those good California liberals be out protesting this blatant example of corporate welfare?


It's almost as if the strawman liberal Californian that you've constructed in your head isn't real, isn't it?
 
2017-03-18 10:04:29 AM  
I really dislike most tax credits that various cities, states, and the like give to certain businesses or business areas. It's really nothing more than acknowledging that your overall tax structure is so burdensome that businesses will only come to you if you cut them a break. If that's the case, maybe you should lower your overall tax rate or overhaul your tax structure so everyone can participate and stimulate more businesses than a select few chosen for good publicity or because of good lobbying.
 
2017-03-18 10:04:50 AM  

jso2897: Lsherm: TDBoedy: demonstrating that tax incentives work? well ok.

Seriously. That's probably lost on Californians.

[img.fark.net image 625x626]


I agree, Californians are too far gone to understand it.
 
2017-03-18 10:10:34 AM  
I remember Howard Stern talking about AGT moving to California from New York after he quit because production is much cheaper there. This is apparently not a new concept. I don't know what what you're prattling on about Subby, but good job I guess.
 
2017-03-18 10:16:22 AM  
Corporate welfare is good. As long as you can feel smug about agreeing with what corporation receives it.
 
2017-03-18 11:18:16 AM  
Hotel California is in Mexico you dolt
 
2017-03-18 11:20:01 AM  
Eleven new shows? What're you doing here?!

img.fark.net
 
2017-03-18 11:28:02 AM  

brachiopod: Eleven new shows? What're you doing here?!

[img.fark.net image 300x168]


Boy if there's one comedian I'd like to move from the "inexplicably still working" to the "lets you beat him with a rake at the county fair for a quarter" category It'd be Fred Armisen. Will Ferrell being a close second.
 
2017-03-18 01:10:54 PM  

mrmopar5287: I really dislike most tax credits that various cities, states, and the like give to certain businesses or business areas. It's really nothing more than acknowledging that your overall tax structure is so burdensome that businesses will only come to you if you cut them a break. If that's the case, maybe you should lower your overall tax rate or overhaul your tax structure so everyone can participate and stimulate more businesses than a select few chosen for good publicity or because of good lobbying.


I'd love to know who started the business tax incentive (aka local politicians giving special deals to particular commercial interests) race, and how long it's really been going on.  I know at least two decades ago Wal*Mart was infamous for squeezing sales tax or property tax deals out of small municipalities.  And 150 years ago private railroad companies were essentially given huge swathes of the Western US.

It's so entrenched in the business and political landscape I'm not sure it will ever get unstuck.
 
2017-03-18 01:29:46 PM  

Bonzo_1116: I'd love to know who started the business tax incentive (aka local politicians giving special deals to particular commercial interests) race, and how long it's really been going on.


My local City of Bloomington competes with the twin-city (Town) of Normal. For years, even a couple decades they had a "gentleman's agreement" that they wouldn't play off each other for incentives to lure businesses. Then, about 2 or 3 years ago, the Town of Normal poached the local Hyundai dealership to relocate from Bloomington with a sales tax rebate incentive. Since then it's been the opening of a floodgate with multiple deals for businesses to locate or relocate.
 
2017-03-18 01:44:22 PM  
 This makes no sense, surely they would profit more if they move there filming to Kansas.
 
2017-03-18 01:52:04 PM  

mrmopar5287: Bonzo_1116: I'd love to know who started the business tax incentive (aka local politicians giving special deals to particular commercial interests) race, and how long it's really been going on.

My local City of Bloomington competes with the twin-city (Town) of Normal. For years, even a couple decades they had a "gentleman's agreement" that they wouldn't play off each other for incentives to lure businesses. Then, about 2 or 3 years ago, the Town of Normal poached the local Hyundai dealership to relocate from Bloomington with a sales tax rebate incentive. Since then it's been the opening of a floodgate with multiple deals for businesses to locate or relocate.


It's like giving a candy bar to an 8 year old to get him to clean up his toys.  Pretty soon he won't even wipe his own ass without a bribe.
 
2017-03-18 05:09:29 PM  

Krieghund: Basily Gourt: So will all those good California liberals be out protesting this blatant example of corporate welfare?

It's almost as if the strawman liberal Californian that you've constructed in your head isn't real, isn't it?


ohwaityoureserious.jog
 
2017-03-18 05:14:53 PM  

gunther_bumpass: brachiopod: Eleven new shows? What're you doing here?!

[img.fark.net image 300x168]

Boy if there's one comedian I'd like to move from the "inexplicably still working" to the "lets you beat him with a rake at the county fair for a quarter" category It'd be Fred Armisen. Will Ferrell being a close second.


img.fark.net
 
2017-03-18 06:05:21 PM  
B-b-but CORPORATE WELFARE!!!

/The next any lib screams that, I'll remind them how such a lib industry plays the same game.
//Hypocrites can EABOD.
///With Wisconsin butter.
 
2017-03-18 10:07:00 PM  

fickenchucker: B-b-but CORPORATE WELFARE!!!

/The next any lib screams that, I'll remind them how such a lib industry plays the same game.
//Hypocrites can EABOD.
///With Wisconsin butter.


You should only yell at hypocrites when they are being wrong, not when they are being right.

The hypocrisy isn't really the problem, it's the being wrong that's the problem.
 
2017-03-18 10:17:32 PM  

mrmopar5287: I really dislike most tax credits that various cities, states, and the like give to certain businesses or business areas. It's really nothing more than acknowledging that your overall tax structure is so burdensome that businesses will only come to you if you cut them a break. If that's the case, maybe you should lower your overall tax rate or overhaul your tax structure so everyone can participate and stimulate more businesses than a select few chosen for good publicity or because of good lobbying.


A) Pretty sure tons of filming is actually being done in California
B) It's the equivalent of a sale price, lure people in to prove the product (business environment) is good and then prices go back to normal

California probably doesn't need it at all, and this is just a handout to their Hollywood friends. My city is doing something similar, and a couple movies have come here (a scene for TMNT 2 was filmed here) and by all accounts we're supposed to be getting more attention for filming.

I mean, think about it... no one in Hollywood's probably heard of Buffalo, NY (except Keanu and now the TMNT guys, and Kimber Eastwood) but they get a letter we're giving tax breaks and they check it out. We've got a few nice buildings and places to film in, so hopefully we actually do get more attention.
 
2017-03-19 05:51:34 PM  

hobbes0022: This makes no sense, surely they would profit more if they move there filming to Kansas.


They would film almost everything in L.A. if the city and state made all the regs/taxes competitive with Kansas, Georgia, Kentucky, Vancouver, etc.  L.A. has a couple of huge natural advantages.  First, you don't have to move a lot of people to Georgia or wherever and put them up and feed them.  Second, the weather is great 95% of the year so you have very little downtime due to weather.  If you add in competitive regs/taxes, then most filming would take place in Los Angeles.
 
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