2.3.20 - Senator Fred Akshar on New York's Film Tax Credit

February 03, 2020

While One Party Rule is focused on small tweaks to the $420 million annual film tax credit for Hollywood producers and executives, everyday New Yorkers who still live here are facing down $6 billion deficit.

It's time we put taxpayers first and get rid of this tax credit altogether, or take the $420 million and give a share every hardworking taxpayer.

At least that would do more to help stop the continuous outmigration of residents than just handing out millions in tax credits to Hollywood multi-millionaires and multi-billionaires.