Subsidizing the stars
Professor Ann Markusen is quoted in this story about states using tax breaks to attract industries.
Officials in Connecticut and Rhode Island are scrutinizing their film tax credits more closely because of concerns that the economic benefits are not as great as once thought. Critics also complain that tax credits for the movie or life science industries are diverting money away from more pressing state needs. “They become a hidden form of spending,” says Ann R. Markusen, a professor at the Hubert Humphrey Institute of Public Affairs at the University of Minnesota.
CommonWealth magazine
Spring 2008
