Saturday, April 27, 2013

Film tax credits would pay tuition for 70,000 LSU students.

Those among you who follow this blog know that I am highly critical of the program of tax credits to makers of films in Louisiana.  It is a waste of money, beneficial only to a few film makers and some wealthy individuals.

A contributor to Political Talk has put this in prospective.  Tuition at LSU for 15 hours is $3498.  In 2012 we gave away in tax credits 261 million dollars, enough to pay LSU tuition for more than 70,000 students.

LSU does not have that many students, so their housing and food could be paid, also.  Now, I am not advocating that this is the way to spend the 26l million, but every cent could be better utilized than wasting  it the way the state is now doing. Can't our state officials find a better way to use all that money?  Are they afraid of their wealthy friends?

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