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Monday, March 2, 2009

Runaway Production in Los Angeles

Studios are making economic decisions to film in other geographic areas other than Los Angeles. So our city legislatures decide to offer incentives to keep production in Los Angeles. Good idea but why is it only applied to one industry?



If you make it inexpensive for a business to operate and then they will operate in your district. The jobs will attract labor who demands other services and housing. Taxes are collected on the sales of goods and services and so more revenue is generated by the city. Now if we just cut out the unnecessary spending we would have a productive local government. Tax incentives or lower taxes should be offered to all industries.

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