• Are Film Tax Breaks a Bad Hollywood Ending?

  • Sep 4 2024
  • Length: 15 mins
  • Podcast

Are Film Tax Breaks a Bad Hollywood Ending?

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  • Summary

  • In this episode, the PricePod goes to Hollywood. Since the turn of the century, dozens of states have collectively given billions of dollars in tax breaks for an unusual purpose: to subsidize the development of movies and TV shows. Local governments across the country offer tax breaks to attract film productions, which proponents say stimulate the economy with new jobs and spending. But are the subsidies good public policy? Michael Thom, an associate professor at the USC Price School, shares his research into whether the programs are meaningfully creating jobs and economic activity.
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