topic Re: CA Film Industry in Community Chat

CA Film Industry

pinkskates4 — Tue, 18 Feb 2014 11:35:32 GMT

Looks like CA is losing the film industry due to high taxes.

http://articles.latimes.com/2012/aug/15/business/la-fi-ct-runaway-tv-20120814

Guess soaking the 1% isn't working as well as we've been promised it would.

Re: CA Film Industry

mgm2 — Tue, 18 Feb 2014 12:02:34 GMT

LOL Fagan, the Hollywood film industry isn't part. Of the one percent. Oh by the way, the rich aren't being soaked......yet.

Re: CA Film Industry

esmeraldagooch — Tue, 18 Feb 2014 13:21:18 GMT

That is just fine. Georgia is making a bundle and jobs from it are great for our economy. You can choose to over tax and run business away or be business friendly and help the whole economy of a state.

Re: CA Film Industry

evelomaddict — Tue, 18 Feb 2014 13:30:38 GMT

a bill will be introduced later this week in hopes of extending tax credits in california.

http://www.bizjournals.com/sacramento/news/2014/02/05/bill-would-extend-movie-tv-tax-credits.html?page=all

Re: CA Film Industry

evelomaddict — Tue, 18 Feb 2014 13:33:01 GMT

On 2/18/2014 esmeraldagooch said:
That is just fine. Georgia is making a bundle and jobs from it are great for our economy.

yes, the hunger games and walking dead are filmed there from what i recall. great for georgia.

Re: CA Film Industry

esmeraldagooch — Tue, 18 Feb 2014 14:12:31 GMT

Last week, the Georgia Department of Economic Development released the state film office’s fiscal year 2012 economic impact numbers for the film industry — $3.1 billion. The state is currently hosting 32 film and television shows, from home improvement shows to scripted dramas and major feature films.

http://blogs.ajc.com/atlanta-forward/2012/10/10/georgia-hollywood-of-the-south/

Re: CA Film Industry

pinkskates4 — Tue, 18 Feb 2014 14:39:20 GMT

On 2/18/2014 mgm2 said: LOL Fagan, the Hollywood film industry isn't part. Of the one percent. Oh by the way, the rich aren't being soaked......yet.

You are seriously suggesting actors don't make this much?

An entry ticket to the 1% starts with an annual income of about $394,000 (says Berkeley’s Emmanuel Saez) or about $1.5 million in liquid assets (my zestimate). Post-tax and retirement savings, that’s about $220,000 a year while they are working. These are national norms. If they happen to live on the coasts or near a major urban center, as is more than likely, they might need twice as much money to crash into the 1% by local standards.

http://www.forbes.com/sites/phildemuth/2013/11/25/are-you-rich-enough-the-terrible-tragedy-of-income-inequality-among-the-1/

Re: CA Film Industry

CrazyDaisy — Tue, 18 Feb 2014 14:58:56 GMT

On 2/18/2014 esmeraldagooch said:
That is just fine. Georgia is making a bundle and jobs from it are great for our economy. You can choose to over tax and run business away or be business friendly and help the whole economy of a state.

Have to agree. The last couple years the City of Cleveland has been the site for some major motion pictures. Let CA tax the business away, they are welcome here.

Re: CA Film Industry

Puzzle Piece — Tue, 18 Feb 2014 15:19:35 GMT

I don't know how folks think that the film industry is drying up here. If anything, Canada gets a lot of business now. Other states, I'm not buying it at all cause I live here. You may have one production company or two but not the entire industry.

Re: CA Film Industry

deepwaterdotter — Tue, 18 Feb 2014 18:02:28 GMT

I say spread the wealth, there is scenery in every state.

Re: CA Film Industry

PAX — Tue, 18 Feb 2014 18:17:03 GMT

The Dark Knight Rises was filmed in Pittsburgh in 2011.

Not everything is political.

Re: CA Film Industry

RainCityGirl — Tue, 18 Feb 2014 18:55:39 GMT

Washington gets a lot of California film crews on location here. i wouldn't say the film industry is drying up. They just go different places on location. Often they go to other countries because of the cost, but the films still bring money to CA economy because that's where the final product is created. However, this was just an excuse on the part of the OP to make another one of her political accusations. So predictable.

Re: CA Film Industry

terrier3 — Tue, 18 Feb 2014 19:02:59 GMT

This has been going on for a long time. Canada gives huge tax breaks to filmmakers and now Vancouver and Toronto have a lot of the business.

Just watch HGTV - almost everything there was created in Canada.

New York also is generous with tax breaks...and NC.

I don't know why you think this is something new.

Re: CA Film Industry

RoughDraft — Tue, 18 Feb 2014 19:30:15 GMT

On 2/18/2014 physicsnut said:
On 2/18/2014 Dagna said:
Looks like CA is losing the film industry due to high taxes.

http://articles.latimes.com/2012/aug/15/business/la-fi-ct-runaway-tv-20120814

Guess soaking the 1% isn't working as well as we've been promised it would.

It NEVER does. The 1% are the job creators- something liberals hate..

The Distribution of Wealth Between Americans

Before you can talk about the 1 percent, it’s important to put the figures into perspective by understanding exactly what that figure means. The average annual income of the top 1 percent of the population is $717,000, compared to the average income of the rest of the population, which is around $51,000. The real disparity between the classes isn’t in income, however, but in net value: The 1 percent are worth about $8.4 million, or 70 times the worth of the lower classes.

The 1 percent are executives, doctors, lawyers and politicians, among other things. Within this group of people is an even smaller and wealthier subset of people, 1 percent of the top, or .01 percent of the entire nation. Those people have incomes of over $27 million, or roughly 540 times the national average income. Altogether, the top 1 percent control 43 percent of the wealth in the nation; the next 4 percent control an additional 29 percent.

It’s historically common for a powerful minority to control a majority of finances, but Americans haven’t seen a disparity this wide since before the Great Depression — and it keeps growing.

The Fallacy of Hard Work

It’s a common belief in America that all people have the same opportunity for success as the top 1 percent. Most people consider success to be a by-product of hard work, and hard work is something that Americans are extremely familiar with. In fact, Americans have increased productivity by 80 percent since 1979; unfortunately, their income hasn’t risen accordingly, if at all.

The average worker in an American company makes substantially less than supervisors and executives. In fact, corporate executives make 62 times more money than an average worker in bonuses alone, not counting the executive’s actual salary. For every corporate bonus, the company could have paid 62 employees. In fact, incentive pay actually rose 30 percent from years before the recession.

http://www.forbes.com/sites/moneywisewomen/2012/03/21/average-america-vs-the-one-percent/

Re: CA Film Industry

chessylady — Tue, 18 Feb 2014 20:02:34 GMT

I've got my tiny violin out for the 1 percent. Income redistribution already occurred in the years since Reagan with the very top income bracket getting huge and the middle class getting smaller and smaller. Trickle down economics is a myth.

Re: CA Film Industry

NoelSeven — Tue, 18 Feb 2014 20:48:59 GMT

On 2/18/2014 Love Roses said:
I don't know how folks think that the film industry is drying up here. If anything, Canada gets a lot of business now. Other states, I'm not buying it at all cause I live here. You may have one production company or two but not the entire industry.

Hi LR

You're right, and Canada has been big for US films for years, this is not news. Films made out of the state is nothing new.

Re: CA Film Industry

NoelSeven — Tue, 18 Feb 2014 20:50:53 GMT

The 1% being the job creators is a myth.

Re: CA Film Industry

NoelSeven — Tue, 18 Feb 2014 20:53:26 GMT

The real job creators come from Main Street, Not Wall Street

Main Street Job Creators

Most jobs come from the 99 percent—and that the best way to support job creation is to support rights and protections for the 99 percent.

It turns out that most job creation in the United States is the result of Main Street entrepreneurs, not Wall Street financial wizards.

http://www.yesmagazine.org/new-economy/7-ways-to-support-the-real-job-creator-main-street

Re: CA Film Industry

RoughDraft — Tue, 18 Feb 2014 21:01:18 GMT

On 2/18/2014 Qwackertoo said:
But since 1979 is within one term . . . so go ahead and count from 1976 to 2014 . . . so 18 years under D's and 20 years under R's . . . almost split pretty evenly . . . considering we're mid-term right now . . . I can't say EITHER party has cured what ails the 99% or 98% or whatever percent you'd like to compare.

Always boils down to, money and power . . . power and money. Decades in office.

Closest we may EVER get to solving anything is Term Limits. And somehow someway reining in Lobbying. And the Lobbyist.

I want to know the inside information Congress gets. For investments. That is how they come out multi-millionaires. They should share their "secrets" with the rest of us.

Neither really truly CARE about We The People. That much is crystal clear for those who wish to see. JMO

You'll get no argument from me Quackertoo. I've never been one to be disillusioned into believing that any of our representatives on either side, have the average American's interests as their primary reason for "serving" their country. Nor do they have the country's interest as their primary concern.

I don't know that term limits are the answer either. The simple fact is that as far back as 1939 (and even before), as evidenced in the film Mr. Smith Goes to Washington, there has always been corruption and greed in the political arena. The heartbreaking fact is there is no Mr. Smith in real life.

Re: CA Film Industry

soxfan — Tue, 18 Feb 2014 21:02:24 GMT

On 2/18/2014 NoelSeven said:
The real job creators come from Main Street, Not Wall Street

Main Street Job Creators

Most jobs come from the 99 percent—and that the best way to support job creation is to support rights and protections for the 99 percent.

It turns out that most job creation in the United States is the result of Main Street entrepreneurs, not Wall Street financial wizards.

http://www.yesmagazine.org/new-economy/7-ways-to-support-the-real-job-creator-main-street

That's laughable. Consider the source. Any publication that is supported by Van Jones has zero credibility....