Pritzker highlights film growth while studies question tax credit’s value – Center Square

Findings on the financial impact on film and entertainment tax credits on New York’s state economy show only about 30 percent of subsidies return to the state through increased taxable income. Additionally, recent studies on similar tax incentive programs in Georgia by an independent researcher – along with findings from the California Legislature’s Nonpartisan Fiscal and Policy Advisor – have found an overall weak impact on a state’s overall economy.