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Season 5, Episode 216

Leroy: TV and film production subsidies are not a wise investment

good jobs first

 

Guest Name:


Greg Leroy

Guest Website:


Good Jobs First 

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Greg Leroy, Executive Director of Good Jobs First, joined the America’s Work Force Union Podcast to discuss an article that examined the impact of film and televsion subsidies on state and local communities.

According to the recent Good Jobs First article, states spent billions of dollars to subsidize film and TV production. These tax credits are the most prominent public money spent on film and TV production.

While wages paid by production companies are a reason many states justify the subsidies, Leroy argues that this does not fully illustrate the impact these credits can have on economies. He said every credible independent analysis over the past two decades found that states lost up to 70 cents on every dollar given as a tax credit.

Despite some union support for the tax subsidies, Leroy believes unions support them to ensure their members are paid fairly for their TV and film production work. To create a better return on investment, he said state and local governments should place requirements on the subsidies while ensuring fair wages for workers.

Listen to the show above for more on TV and film production subsidies' impact on local economies.


America’s Work Force is the only daily labor podcast in the US and has been on the air since 1993, supplying listeners with useful, relevant input into their daily lives through fact-finding features, in-depth interviews, informative news segments and practical consumer reports. America’s Work Force is committed to providing an accessible venue in which America's workers and their families can hear discussion on important, relevant topics such as employment, healthcare, legislative action, labor-management relations, corporate practices, finances, local and national politics, consumer reports and labor issues.

America’s Work Force Union Podcast is brought to you in part by our sponsors: AFL-CIO, American Federation of Government Employees, American Federation of Musicians Local 4, Alliance for American Manufacturing, Anthem Blue Cross Blue Shield, Brotherhood of Maintenance of Way Employes-IBT, Boyd Watterson, Columbus/Central Ohio Building and Construction Trades Council, Communication Workers of America, Mechanical Insulators Labor Management Cooperative Trust, International Association of Heat and Frost Insulators and Allied Workers Local 50, International Federation of Professional and Technical Engineers, International Union of Bricklayers and Allied Crafts, International Union of Painters and Allied Trades District Council 6, Ironworkers Great Lakes District Council, Melwood, The Labor Citizen newspaper, Laborers International Union of North America, The National Labor Office of Blue Cross and Blue Shield, North Coast Area Labor Federation, Ohio Federation of Teachers, United Labor Agency, United Steelworkers.

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