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Lots of states would love to be California and have their own little Hollywood. Film crews would then come to town and spend mon
Lots of states would love to be California and have their own little Hollywood. Film crews would then come to town and spend mon
admin
2021-02-21
69
问题
Lots of states would love to be California and have their own little Hollywood. Film crews would then come to town and spend money in hair salons and hotels, and local politicians could pose with film stars. So why not call it "economic development" to justify the huge tax credits that lure film producers?
As of last year, more than 40 states had such incentives, costing them a record $1.4 billion. Even California itself plays the game, believing that it has to defend itself against the competitors. In 2003, when only a handful of states offered incentives, California made two-thirds of America’s big-studio films. Now it makes far fewer than half. Film LA, an organisation that co-ordinates permits for film shoots in Los Angeles, says that without California’s own tax credit, "2010 would have been the worst year" since the mid-1990s for filming in Hollywood. As its marketing blog satires: "It is extraordinarily unlikely that the 137 productions that filmed in Michigan since 2007 chose to shoot there for creative reasons, a favourable climate or a deep and talented film-crew base."
All this costs money, which legislators volunteer on behalf of taxpayers. Many tax credits (a percentage of a film crew’s local expenditures) exceed the filmmaker’s total tax liability to that state. The credits have even become an industry unto themselves: brokers divide them into parts and trade them. In Iowa, filmmakers were selling their credits until that state shut its programme in 2009.
Incentives do not have to involve tax credits. Some states simplify the paperwork by just giving out cash (calling it "rebates" or "grants"). Others exempt film-makers from sales or hotel taxes or give them subsidies.
All this is silly. First, as Joseph Henchman at the Tax Foundation, a non-partisan think-tank, puts it, even when a state succeeds in luring film crews, they rarely boost the economy or tax revenues enough to justify the costs of the incentives. Joseph Henchman says, film companies usually import their staff and export them again when the shoot is over. The local jobs they create (hairdressers, sound technicians, pizza deliverers) are mostly temporary.
Second, since virtually all states are at it, the programmes largely cancel out one another; no state gets a lasting advantage. The craze resembles a beggar-thy-neighbour trade war (with mutually destructive tariffs) or the federal tax code with its loopholes for every lobby and thus higher rates for all. In the language of nuclear war, it would be mutually assured destruction (MAD). The only winner is the film industry. In essence, a man of wealth in a Brentwood villa gets money from a poor taxpayer in West Virginia.
Fortunately, this has begun sinking in. Arizona, Arkansas, Idaho, Kansas, Maine, New Jersey and Washington have recently ended, suspended or shrunk their programmes. Many others, struggling with budget deficits, are considering doing the same, investing the money in something permanent, or even leaving it to taxpayers. "2010 will likely stand as the peak year," thinks Mr Henchman.
[A] suggests that Hollywood’s film industry avoided hitting bottom due to California’s tax credit
[B] believes that film industry is unable to create permanent jobs.
[C] makes two-thirds of America’s big-studio films all the time.
[D] offers incentives to its film industry to compete with other states.
[E] holds that the trend of offering incentives to film industry may peak in 2010.
[F] thinks that benefits gained from film companies can’t compensate for the costs of incentives.
[G] has changed its incentive programme for film industry.
Film LA
选项
答案
A
解析
Film LA出现在文中第二段。该段倒数第二句中,Film LA表示,加州如果没有税收优惠政策,2010年将会是二十世纪九十年代中期以来好莱坞影业最糟的一年。A是对原文这句话的转述。其中Hollywood’s film industry对应文中的filming in Hollywood;而avoided hitting bottom due to…则是对原文without…2010 would have been the worst year的同义替换(A中的hit bottom意为“到了最低点”;文中would have been是虚拟语气,表示与现实情况相反,即2010并没有成为表现最糟糕的一年),故确定A为本题答案。
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0
考研英语二
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