Michigan Taxpayers Fork Over $912K for Video Game

Michigan Capitol Confidential ^ | 8/22/2011 | Tom Gantert

[MichCapCon]

Michigan taxpayers will give one company about $912,000 for it to make two video games under the state’s 42 percent film tax incentive program. The Michigan Film Office has approved tax incentives to BH Golfing Games Productions so it can make the Ben Hogan games, according to the film office’s 2010 annual report.

The money goes to BH Golfing Game Productions LLC, which is one of a series of limited liability companies created for the project. The project has ties to Alliance Acquisitions, a venture capital company in California.

[Larry Lucido]

FReepers Fork Over Their Donations to Blog Pimps.

[allmendream]

Tax cuts presented as taxpayer ‘givaways’ to companies is based upon a few fallacies.

First that the tax money the company got off the hook for belongs to the government - as a steward of the taxpayers.

Second that the company would have done the exact same thing in the exact same location WITHOUT the tax break.