Film incentives in Texas have failed to deliver promised jobs and economic growth. Meanwhile, they take money out of the pockets of taxpayers. Texas should end its Moving Image Industry Incentive Program.
- Film subsidies don’t produce long-term jobs that are worth the cost.
- Choosing which companies will succeed while others fail is not a functional role of government.
- The outcomes from film incentives in the states of Alaska, Michigan, Florida, West Virginia, Arizona, and Iowa, which eventually relinquished their film programs, should act as a foreboding example for Texas.
- Texas should implement a light regulatory and tax regimen that would benefit all businesses across Texas.