May 24, 2012 |
SAN JOSE - After a morning of closed-door campaigning here Thursday, President Obama plans to talk about tax credits for clean energy production during a visit to Iowa. As he focuses on his administration's efforts to boost job creation, Obama plans to call on Congress to extend tax credits designed to encourage businesses to invest in clean energy production, senior officials said. Obama is scheduled to make his remarks on a visit to TPI Composites, a global provider of composite wind blades to major turbine manufacturers.
September 8, 2012
Re "Do Hollywood tax credits really help the economy?," Sept. 6 The Times' article expressing skepticism over the effectiveness of tax credits for filming in California avoids mentioning New York. That state's astronomical handout to the film business amounts to more than $400 million a year (compared to the proposed $100 million a year for California through 2018). The success of New York's aggressive program can be measured by several indicators: a tenfold leap in production over as many years; a strengthening of the film talent base; an already booming tourist business that can now boast a "Hollywood on the Hudson" component; a business community well aware that film crews on the streets and on sound stages mean better business for everybody; and a population excited to have yet one more glamorous feather in its cap. The Times notes that other states have not seen this kind of return on their investment.
December 7, 2011 |
First it was artificially tanned, party-crazed Italian Americans. Now it's mud-racing, squirrel-hunting Appalachians. MTV is again at odds with state film officials who refuse to subsidize the network's latest reality TV show with tax credits. West Virginia film officials have cited MTV's unflattering depiction of state culture in "Buck Wild. " The show, scheduled to start filming next spring in Charleston and Sissonville, follows a group of recent high school graduates living in rural West Virginia as they participate in homegrown activities such as mud-racing.
CALIFORNIA | LOCAL
July 15, 1997
For President Clinton to propose to give more money, in the form of earned income tax credits, to those who don't pay income taxes, in an income tax reform bill, is pure nonsense. No, it's more than that. It's welfare in disguise and a sop to supporters angry that he signed the welfare reform bill. DONALD HIRT Paso Robles
CALIFORNIA | LOCAL
October 30, 2013 |
SACRAMENTO -- Federal investigators probing the activities of state Sen. Ronald S. Calderon (D-Montebello) have asked other lawmakers about proposals he made to expand tax credits for the film industry, officials said Wednesday. Calderon pushed to extend tax breaks to productions of less than $1 million. He and family members received a total of $10,800 in campaign contributions from an independent producer who could have benefited from the change Calderon advocated. FBI agents raided Calderon's Capitol office in June and seized documents as part of an investigation into his finances.
June 15, 2012 |
California's film tax credit program has helped to stem the flight of movies and TV shows since it was enacted in 2009, but would be improved with more funding and fewer restrictions on the types of projects that can qualify, a new study concludes. The report, "Fighting Production Flight," from the Milken Institute says the film tax credit program — which gives producers 20% to 25% tax credits toward qualified production expenses for films and TV shows shot in California — has been successful in that it has been oversubscribed and has had a "demonstrable impact in arresting the decline in filmed entertainment spending and employment in the state.