Target and its Transgendered Bathroom boycotted by 100s of thousands

[gwb-trading]

This is the same sort of fantasy accounting that "proves" that it makes economic sense for cities and states to subsidize sports arenas for billionaire owners. Sure there is some economic benefit, but it is difficult to prove there is a net benefit. A lot of those employees would work elsewhere, so it is not like they all go on welfare. And of course, there is also the issue of who benefits and who pays. Taxpayers who can't afford tickets to pro sporting events pay the bill for billionaire team owners and leagues. Then the leagues turn around and start issuing demands about what kind of laws the states can have. Seriously, people put up with this?

Whether NC has a film industry is a very narrow issue that involves big benefits to a select few, paid for by the vast majority of taxpayers. That is troubling to me, because well-connected interests, whether in the film industry, sport or real estate, will always have the incentive and resources to buy off legislators and generate bogus reports about what a great deal it is. The one constant is, they don't want to use their own money.

After our state lost millions in tax revenue associated with the film industry, the Republican state legislature reversed direction and implemented a Film Tax Credit with a cap of $30 million for 2016. Many productions returned to our state, and the tax revenue (and economic revenue) associated with these productions have boosted the state.

Also the Republican leaders were forced to admit that eliminating the Film Tax Credit failed entirely as an economic & tax policy. Hating Hollywood does not drive good policy decisions.

Film industry returns to NC in 2016
http://wncn.com/2016/01/10/film-industry-returns-to-nc-in-2016/