Monthly Archives: March 2011

Arizona has a $2 billion budget deficit.  Needless to say, tax dollars are at a premium.   So why did the Senate just vote to subsidize movie producers?  No idea.  How many jobs did the old film tax credit produce in 2008 – 2009?  Forty-one (41).  And according to the Dept. of Commerce, those jobs ceased to exist after just one year.    So far, the state has spent $10 million on movie-makers.  What a program.

The House needs to kill the needless, senseless, (jobless) program.

“The Legislature has passed a bill giving an unelected individual the right to give away $25 million of your tax dollars to corporations.”

This was Senate Minority Leader David Schapira on the Deal Closing Fund he voted against.

I suppose because he’s elected, he has no problem giving away millions of tax dollars to movie corporations.  That could be the only justification for voting for SB1159, a tax subsidy program for filmmakers that would last the next 30 years if it passes the House and is signed by the governor.

The bill passed the Senate with 10 Republicans joining all nine Democrats.  These same Democrats blast corporate income rate cuts as “tax giveaways,” and then turn right around and give tax money to people who make movies.

Read more about it here.

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The Arizona Free Enterprise Club is a free market policy and advocacy group dedicated to promoting a strong and vibrant Arizona economy.