AFP Takes Aim at Entertainment Industry Incentives

Conservative group Americans for Prosperity (AFP) came out swinging at proposals to use public funds and incentives to lure the entertainment industry to Florida on Tuesday. AFPs Florida chapter showcased an infographic on the matter on Tuesday, insisting film incentives dont help the economy.

"Because some lawmakers were misled by Hollywood lobbyists promising massive economic growth, illustrious films and shows like 'Spring Breakers,' 'Magic Mike,' 'What would Ryan Lochte Do?,' and even a Victorias Secret commercial were approved to receive millions in corporate welfare, said Chris Hudson of AFP Florida. These are just a few of the examples of questionable entertainment that were subsidized by Florida taxpayers all in the name of nonexisting economic growth. While Hollywood executives made big promises about job creation and economic growth, our states own economists did the research and gave a critical review: two thumbs down for Hollywood handouts. They found that the tax incentive program fails to live up to its hype, providing a pathetic return on investment of only 43 cents for every taxpayer dollar invested. Its time to end Hollywoods B-rated cronyism drama in Tallahassee. No more handouts for special interests.