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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Raiders of the Lost Treasury


    By leondrolet, Section News
    Posted on Thu Mar 06, 2008 at 12:45:52 PM EST
    Tags: (all tags)

    Governor Granholm and state lawmakers are supporting new legislation that gives a 40% tax break to movie and TV producers that film in Michigan. At a Lansing committee hearing on Tuesday, Free Press columnist Mitch Albom joined actor Jeff Daniels and a slew of state officials who argued that giving the film and video industry a tax break will boost investment and film production in Michigan.

    But we know that tax breaks don't encourage job growth - government spending does! How do we know that? Granholm's treasury officials told us so.

    For years, Granholm's treasury officials testified before the House Tax Policy Committee that businesses don't care much about taxes; instead they care about quality services like police, fire, education, roads and such. These treasury officials apparently know more about what businesses want than businesses do, because business groups always testified that taxes DO matter.

    So, did Granholm and the legislature propose that a fire truck and social worker be assigned to movie crews who set up shop in Michigan, hoping that these available services would entice more film crews? No, instead, Granholm has reversed course and argues that lower taxes DO matter - but only for movie makers. Everyone else wants more government stuff.

    Hmm, wait a minute...a closer examination of the legislation reveals that the bills propose more than tax breaks. They also provide for up to $15 million in direct loans to movies studios, with the money coming out of future tobacco revenues borrowed at 40 cents on the dollar today (the 21st Century Slush Fund).

    Higher taxes on you and every other business in Michigan to pay for tax breaks and loans to Hollywood. With this kind of "leadership" in Lansing, we won't have to worry about enticing film makers - documentary crews will locate here to record Michigan's economic future and call it, "Apocalypse Now!"

    Can you think of any other film titles appropriate for Granholm's Michigan? Maybe, "Jenny and We"? Send your film title ideas to leon@mitaxpayer.org and we will compile a top ten list to forward to state lawmakers.

    < Thursday in the Sphere, March 6 | BREAKING: Granholm and Cherry busted by Feds for failure to pay taxes!!! >


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    Display: Sort:
    Here are the bills (none / 0) (#1)
    by Hayekian on Thu Mar 06, 2008 at 04:41:44 PM EST
    House Bills 5841 to 5856 and Senate Bills 1168 to 1183. They are the same bills in both the House and Senate. In addition to the loans paid for by adding to the debt of Michigan taxpayers, the Michigan Busines Tax credits are refundable, meaning that the state will send checks to studios.

    This is a bipartisan package. One person who witnessed the hearing this weak said it looked like Sen. Jason Allen (R-Traverse City) was on the verge of crawling over the desk to make out with Mitch Albom. (I know - eeeew.)

    Throw Granhom from the train (none / 0) (#2)
    by gnu2u on Fri Mar 07, 2008 at 01:29:41 AM EST


    Be bipartisan - toss Valde and Jason Allen too. (none / 0) (#3)
    by Angry White Male on Fri Mar 07, 2008 at 09:38:42 AM EST


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