The Genesis Code Movie

"Science without religion is lame, religion without science is blind" - ALbert Einstein

Sunday, August 16, 2009

Michigan tax credit courts film industry to lure money, jobs

By Sharon Silke Carty, USA TODAY

DETROIT — In downtrodden Michigan, the hot topics for conversation in the past six months have been such depressing subjects as bailouts and bankruptcy, layoffs and plant closings, even the disappointing Stanley Cup playoff loss by the NHL's Detroit Red Wings.
So it's been a relief lately to have something else for people to buzz about: celebrity sightings.

We're not talking the D-list: Stars have included George Clooney, Drew Barrymore, Al Pacino, Clint Eastwood, Edward Norton and Hillary Swank.

The gypsy-like movie industry, which roams from place to place to find the best locations — and best deals — has taken a liking to Michigan in the past two years. That's thanks in part to generous tax incentives that give the entertainment industry a refundable business tax credit of up to 42% for production costs spent in the state.

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