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8 Ways You Fund the Film Industry

An Offer They Can’t Refuse (Direct Refund of Filming Expenses)

In Texas, qualifying films receive a payment equal to between 5 percent and 15 percent of spending within the state during production; this includes expenses for wages paid to Texas residents. In Utah, some productions can receive a 20 percent cash rebate for expens

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By SARAH STODOLA, The Fiscal Times

February 26,2011

Big money goes into the movies that will be celebrated at Sunday’s Academy Awards – in 2007, the average Hollywood production cost over $106 million. What’s lesser known is that a good chunk of that funding comes from the government, which often sees film production as an attractive way to pump money into its economy. Click through the slideshow above to see eight ways that your tax dollars subsidize the film industry. Too bad you don’t get a percent of the gross in return.

The Godfather, photo: Paramount Pictures