California GOP finds film tax credit curious

From The Los Angeles Times:

It’s the kind of policy that is usually popular in the GOP: A tax credit that will save California businesses about $100 million.

But things get complicated when the film industry, typically aligned with Democrats and big labor unions, is involved.

GOP officials used the credit approved by Gov. Jerry Brown on Sunday night, intended to help curb the flight of film productions out of California, to take a shot at him and his November ballot initiative to increase billions of dollars of other taxes.

“Presumably, the Governor believes that the lower tax rates will provide incentives for more films to be made here, resulting in more jobs,” California Republican Party Chairman Tom Del Beccaro said in a statement. “More jobs will result in more tax revenue because working people pay more taxes.”

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Photo courtesy of DonkeyHotey, flickr