Are film tax credits cost effective?

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Technocrane operator Henry Flores sets up tracks on the set of "The Perfect Guy" in the Hollywood Hills. (Ricardo DeAratanha / Los Angeles Times)

Technocrane operator Henry Flores sets up tracks on the set of “The Perfect Guy” in the Hollywood Hills. (Ricardo DeAratanha / Los Angeles Times)

Tired of seeing Hollywood take its business elsewhere, California is moving to triple tax subsidies for film and TV productions, boosting incentives to $ 0 million annually and making the state competitive with New York, Georgia and other states that…

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