July 28, 2015

Hawaii News Now: Film Tax Credits Attract Productions to Hawaii

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The filming is almost finished for a new movie being shot entirely Hawaii. The state’s film tax credits are bringing in big productions like “Mike and Dave Need Wedding Dates,” but not everyone is a fan of the incentives.

The tax credits are a waste of money, according to critics.

“The closest thing to a trend in state business tax policy right now is states looking skeptically at the film tax credits that they’ve already enacted and saying, ‘You know what? It’s not worth the money. It’s not effective,'” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy in Washington, D.C.

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