Film sub­si­dies

Weekend Herald - - Viewpoints -

In prin­ci­ple I don’t have an is­sue with the tax­payer giv­ing film pro­duc­ers a tax break to keep them mak­ing films here. But why can’t it be seen as a risk or ven­ture type of cap­i­tal in­vest­ment? Then if the film makes a profit over a cer­tain level the tax­payer is paid back, and if it makes squil­lions like the James Cameron and Peter Jack­son films ap­pear to make, we get a re­turn on in­vest­ment. If the film flops we carry the risk. Now, there ap­pears to be noth­ing in this for us other than some em­ploy­ment and GST. Ch­ester Ren­dell, Bayswa­ter.

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