Here they go again. Gov. Joe Lombardo has announced a legislative special session and the unions immediately started beating the drum for massive tax incentives for the TV and film industry (Wednesday Review-Journal). The claim is that Nevada needs the subsidies to broaden its economic industrial base beyond hospitality. About 41 states have some sort of film credit incentive. But even in-state studies in Nevada concluded it’s a long-term loser for taxpayers.
An argument could be made that we’ve partnered with a number of entities for major infrastructure projects (think Allegiant Stadium, the A’s new stadium and Formula 1 and this is just another step forward. My argument: If the film industry needs some tax credits for infrastructure, let’s look seriously at that. But let’s not provide