A new, non-Pope funded study of the film industry in North Carolina by Robert Handfield of the North Carolina State University’s Poole College of Management found this:
Beginning in 2007, when the incentive was first enacted, through 2012, the film and television industry has spent $1.02 billion in the state and generated a projected $170,000,000 in tax revenue. The cost of the credit over the same time period was $112,000,000. The result means that, for every dollar of credit issued, the industry generated $9.11 in direct spending and contributed $1.52 in tax revenue to North Carolina. (Hattip: WRAL)
The City of Charlotte has never looked better than it does in "Homeland." The Charlotte Chamber of Commerce ought to be giving a subsidy to that show.