Who knew the film industry was so strong? Or is it? In today's SP (May 15/12) there is finally an description between what was and what is. I rather like the new formula.
I hadn't realized that under the old plan producers actually depended upon and budgeted for tax dollars to fund their projects. Under the new plan they get tax payable forgiven, but no cash in hand. I actually think that a pretty good helping hand.
It is apparent that the film industry is up in arms, but I'm not sure the public is.
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