California Expands $750 Million Film Tax Credits Amid Mixed Reactions
TL;DR Summary
California politicians, who once opposed Hollywood tax breaks as corporate welfare, are now supporting a $750 million subsidy to boost movie and TV production, claiming it will create jobs, reflecting a shift from past opposition to industry support.
- Democrats Cheer Hollywood Tax Breaks They Once Called ‘Corporate Welfare’ The New York Times
- California legislature acts to keep film and TV production at home The Guardian
- California lawmakers approve expanded $750-million film tax credit program Los Angeles Times
- California Lawmaker: Why I Voted “No” On Giving Hollywood $750 Million in Tax Incentives The Hollywood Reporter
- Scott Budnick: How Hollywood Got Lawmakers To Expand Film & TV Tax Credit Deadline
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
84%
236 → 38 words
Want the full story? Read the original article
Read on The New York Times