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by pcwalton
2600 days ago
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The government actually heavily subsidizes the entertainment industry through tax breaks. In Canada, a huge portion of the economy of Vancouver is in entertainment, which basically exists entirely on the back of tax incentives provided by the government of British Columbia in order to attract outsourcing work from Hollywood. If those tax breaks ended, then the industry would likely vanish overnight to offshoring. Similar situations apply on a lesser scale throughout the US, for example in Louisiana [1]. [1]: https://katc.com/news/2019/03/29/study-film-tax-break-costs-... |
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