Posted on 03/02/2011 12:43:43 PM PST by MichCapCon
A wave of panic is spreading among Michigan film subsidy beneficiaries and backers. Gov. Rick Snyder’s budget plan calls for replacing the state’s three-year-old incentive program (which the Detroit Free Press notes paid out $60 million to moviemakers last year alone) with a yearly allowance capped at $25 million.
The Free Press’s main film subsidy cheerleader, Mitch Albom, sounded the alarm loud and clear in a lengthy Feb. 20 column.
“We look like fools,” Albom declared of Snyder’s plans, noting what he thinks is the reaction from the rest of the nation. He then urged folks to contact their state legislators (“Call them!”) and tell them to preserve the open-ended subsidies.
Albom further stoked the fire in a Feb. 24 article, and at a “Town Hall meeting” in Livonia where he was the keynote speaker.
Taxpayers in Allen Park may not share Albom’s confidence in the program after the city voted to lay off all 27 firefighters. As reported in the Detroit Free Press, a failed film studio project is the reason.
“The decision to issue the layoff notices was attributed to financial problems caused by the decision announced last year by Unity Studios to leave the city for Detroit.”
(Excerpt) Read more at michigancapitolconfidential.com ...
Mitch Albom is rich. Why are the taxpayers subsidizing the rich ?
lol.
You can see whats important to rich liberals and its not the poor.
Mitch can pound. His ultra Lib Hollywood buddies will need to stop grubbing in taxpayers pockets to produce movies that would other wise be unprofitable. I clicked on the link about the Mackinac group and found a better breakdown of how the money is being spent.
Quote “A new issue paper from the non-partisan Senate Fiscal Agency estimates that Michigan film production tax breaks and subsidies generated the equivalent of approximately 355 full time jobs in 2009, or 1,542 if “indirect” jobs are also counted. During that year the film incentives’ net cost to taxpayers was $37.5 million.
When the agency figures in other factors the cost comes to $193,333 per job created by the incentives, or $44,561 per job if one includes the estimate of “indirect jobs” created.”
This whole incentive is a joke. You may as well just pass the money around to locals and call it a day for what it actually brings in.
He's an idiot who believes himself to be a middle of the roader when he's actually a libtard.
He still has his radio show?
Mitch Albom and his ilk do a fine job of making themselves “look like fools” all on their own.
Yeh, Bitch is generally on from 4 to 6pm.
I lived in the Detroit area for 16 years and HATED listening to his pompus cocky ass on the radio.
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