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Now the world would be a better place if different countries and cities did not compete with each other to offer rebates on film production. But no one can afford to unilaterally “disarm” so to speak. It is worth noting that US states such as California, New York and Georgia all offer subsidies similar to what countries like New Zealand and Ireland do. So having countries drop these incentives while US states do not, is unlikely.
How a tariff on so called foreign produced films would work is far from obvious. Most of the films are still owned by US companies. They don’t import the films into the US – they are US companies. And almost all films have parts of them made overseas, such as special effects etc. So what would you put a tariff on? The ticket price?
David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders.
3 comments:
the fact is the films are funded by taxpayers not bankers etc. (somewhat.)
This is ridiculous if it is a good process why would you not subsidize everything if it makes for economic logic.
just that spotlight has exposed the madness. NZ will never win the subsidy race so we should embrace whatever is suggested
Films are like cars - made of many components in many parts of the world under a company structure based anywhere but frequently in Hollywood.
Is Trump suggesting that teams of auditors assess the merit of each component and slap a tax on it ?
Nuts.
How many of the greatest movies have ever been made within the borders of one country? Or is that question too obvious?
Am quite sure most adults with a mental age above 12 consider most Hollywood movies complete crap.
Saturating the market appealing only to the juvenile mind.
I don't care about Hollywood and prefer the independents.
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