Word: taxed
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Other states, including New Mexico and Louisiana, have long wooed producers with tax incentives. And for a few years, it seemed as if every "New York" movie was filmed in either Vancouver or Toronto. But the Canadian exchange rate doesn't favor Hollywood anymore, and Michigan's tax rebate of up to 42% for productions that hire locally is the most generous in the country. Nearly 70 movies - including Clint Eastwood's 2008 hit Gran Torino - have been shot or been scheduled to be filmed here since the state passed its tax breaks last April. In 2007 film crews spent...
...tax incentives are in part the brainchild of Jim Burnstein, a screenwriter who teaches in the University of Michigan's Film and Video Studies Program. He grew tired of watching his students decamp for New York City and Los Angeles on graduation. The Michigan Film Commission, of which Burnstein is a member, had been "looking into how to attract Hollywood," he says. "But this wasn't just about bringing money into the state. It was a matter of the taxpayers we were already losing." Tena Constas is one of those prodigal Michiganders, a location scout for Betty Anne Waters...
...Massachusetts House approved a plan to raise the sales tax from 5 to 6.25 percent on Monday night, a hike that officials said represents a trade off between preventing cuts in services and hurting the local economy...
...sales tax increase—proposed by House Speaker Robert A. DeLeo—will raise an additional $900 million annually in revenue, helping to bridge Massachusetts’ projected $3.6 billion deficit for fiscal year...
...leading voter polls? Because democracy raises expectations that the PAN and PRD have yet to meet. Calderon's predecessor, Vicente Fox, was the Lech Walesa of Mexico, a democratic hero who turned out to be a mediocre President. Calderon has pushed through some much needed economic changes like tax reform; but the drug war, which has produced more than 7,000 murders since the start of last year, has consumed much of his agenda. Almost half the population still lives in poverty, and that won't improve any time soon thanks to the U.S. economic calamity across the border. Meanwhile...