“There is substantial evidence from across the country that film/TV tax credits do not create the promised economic effects on jobs, incomes, or economic growth.”
Reinvent Albany
advocacy group. a statement on its website. Claim dated 8 Mar 2023.
PolitiFact rated thisStudies bolster skepticism
What PolitiFact found
A state report touts economic benefits from the tax credit, but some academic analyses have shown that most governmental tax credits have not produced significant economic growth.
Their words, from the summary they publish with the rating.
In short
Reinvent Albany (advocacy group) made this claim around 8 March 2023. PolitiFact (United States) looked into it and published its finding on 3 May 2023, 56 days later. Its rating was “Studies bolster skepticism”.
Where the claim appeared
- reinventalbany.orghttps://reinventalbany.org/2023/03/major-studies-show-film-and-tv-tax-credit-programs-cre…
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.