Please point to any actual report or study that shows a state film incentive making more in new tax revenue than the program costs (Other than the discredited EY report from New Mexico).

A refundable tax credit is, by definition, a cost to the state. Because production companies don’t actually pay taxes, they get a cash refund for the credits they can’t apply to owed taxes (because they owe little or none). That means if someone is paid $100,000 working on a film, Arizona will cash refund $30,000 to the producer who paid them. Unless the income tax on that worker is also 30%, the state will not break even.

Your facts are wrong, as is your understanding of how film credits actually work.

Perhaps the people behind his curtain despise Arizona working families and JOB CREATION.

He was spewing the same mis-information as last year. Maybe his puppet masters could write him a new script..

(I know several who are out of work right now!)

Not one penny of taxpayer dollars is spent on this bill. This is a tax NEUTRAL bill with no downside. The JOB creation and MILLIONS of dollars in revenue to the General Fund will benefit this state. This has been proven to be true in other states with a similar program.

Support job creation and the economic benefits of filmaking in Arizona.