HOLLYWOOD RECEIVED $330M IN TAX CREDITS
Hollywood received $330M in tax credits, says watchdog group
(katv.com)
WASHINGTON (SBG) – Movies and TV shows being filmed in California have received $330 million in tax credits, according to watchdog group Open the Books.
“Nothing rankles taxpayers more than taking taxpayer dollars and putting it in the pockets of Big Hollywood,” said Open The Books’ Adam Andrzejewski to Jan Jeffcoat on The National Desk. “Eva Longoria doesn’t need $4.4 million of our money, and neither does Reese Witherspoon with another $10 million for her film.”
The California Film Commission’s executive director told Variety that 61 projects applied for that tax credit. What does the commission look for when deciding to award those credits?
“They judge the films, not only based on merit or budget but also based on who they hire for these films. So that there are diversity counts, there are ethnicity counts and all this is reported on an annual basis,” said Andrzejewski.
By: Elissa Salamy
HOLLYWOOD RECEIVED $330M IN TAX CREDITS Read More »