The Reason Roundtable
@reasonroundtable·9.2K subscribers·579 videos
The government is subsidizing Hollywood
Posted
March 5, 2024
Views
26,247
Likes
2,036
Comments
153
Engagement
8.34%
March 5, 2024
26,247
2,036
153
8.34%
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Subsidizing big Hollywood productions is a massive waste of money. Every dollar New York spends on film subsidies delivers just 15 cents in direct tax revenue. And yet, in 2023, the state actually expanded the credit from $420 million to $700 million every year. #Hollywood #NewYork #film
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