Viewpoint: Film Tax Breaks - WALB.com, South Georgia News, Weather, Sports

Viewpoint: Film Tax Breaks

 

Georgia's tax code has too many special interest tax breaks that benefit too few people.  But it's hard to argue with the success of one big tax incentive.
 
In 2008, the General Assembly passed a law giving a tax break up to 30-percent to qualified film and television productions shot in the state.  Since then, Georgia has become one of the most popular filming locations outside of Hollywood.
 
Last fiscal year, productions filmed here spent 934 million dollars and generated a 3.3 billion dollar economic impact.  More than 70 film-related companies are locating or expanding in Georgia, creating hundreds of jobs.
 
State leaders have done an outstanding job promoting all regions of the state to film producers.  And a new website, ComeTourGeorgia.com, aims to capitalize on the success of movies such as "the Hunger Games: Catching Fire" and television shows such as "the Walking Dead" by encouraging fans to visit filming locations.
 
Georgia got this one right.  The breaks for the movie industry are more than worth the lost tax revenue, and we hope the industry will continue to grow and put our state in the spotlight.

 

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Two people shot in Valdosta

    Two people shot in Valdosta

    Thursday, April 27 2017 11:46 AM EDT2017-04-27 15:46:23 GMT
    (WALB image)(WALB image)

    Valdosta Police detectives are trying to figure out who shot two people within the last two days. 

    More >>

    Valdosta Police detectives are trying to figure out who shot two people within the last two days. 

    More >>
  • Albany’s unemployment rate drops in March

    Albany’s unemployment rate drops in March

    Thursday, April 27 2017 9:21 AM EDT2017-04-27 13:21:01 GMT
    (Source: WALB)(Source: WALB)

    Figures released by the Georgia Department of Labor (GDOL) today show that Metro Albany’s unemployment rate dropped three tenths of a point in March, to 5.7 percent. It was six percent in February. 

    More >>

    Figures released by the Georgia Department of Labor (GDOL) today show that Metro Albany’s unemployment rate dropped three tenths of a point in March, to 5.7 percent. It was six percent in February. 

    More >>
  • West Mims Fire visible from space

    West Mims Fire visible from space

    Thursday, April 27 2017 4:13 AM EDT2017-04-27 08:13:38 GMT
    West Mims Fire from space (Source: NASA)West Mims Fire from space (Source: NASA)

    As of Wednesday the fire was 74,000 acres in size and only 8% percent contained. A NASA satellite captured an image of the smoke from outer space and highlighted the actively burning areas. 

    More >>

    As of Wednesday the fire was 74,000 acres in size and only 8% percent contained. A NASA satellite captured an image of the smoke from outer space and highlighted the actively burning areas. 

    More >>
Powered by Frankly