(WWJ) – Once upon a time in Michigan, the film industry was hauling in nearly $300 million a year, thanks in part to the state’s tax incentive program for filmmakers.
From 2008-2015, the state offered tax credits to the film industry in the hopes of luring the industry to the state. And for a while, it worked. But when Gov. Rick Snyder slashed the program, the industry – and the talented young people that come with it – left Michigan.
This week crews began filming “Beverly Hills Cop 4” in Detroit, starring Eddie Murphy’s Detroit-based character Axel Foley. On a new Daily J podcast, WWJ’s Zach Clark got to wondering – what were the pros and cons of Michigan’s tax incentives for filmmakers, and should the state bring them back?
Subscribe to The Daily J wherever you get your podcasts, including on the Audacy App.
Related
Related
