It would be only right don’t you think?
In his 2009 film “Capitalism: A Love Story,” Michigan native Michael Moore went to Wall Street with a request to corporate officials whose companies received bailout money from the federal government.
“We’re here to get the money back for the American people,” Moore said in the film. “I’ve got more bags — $10 billion probably won’t fit in here.”
Moore was criticizing an economic system he calls “legalized greed,” but the Mackinac Center has discovered that Moore’s movie qualified for a windfall — at the expense of Michigan taxpayers.
That windfall would come from Michigan’s refundable tax credit program for the film industry, a program that allows movie producers to apply for a tax refund of up to 42 percent of their spending in Michigan. This lavish provision means a studio can easily receive more from Michigan taxpayers than it pays in Michigan taxes.
Apparently Moore doesn’t realize you can’t have it both ways.
We spoke with Mackinac Center Fiscal Policy Director Michael LaFaive about Moore and the film incentive program.
“You cannot create jobs, you cannot enrich both Peter and Paul by robbing one of them,” LaFaive said. “And that’s what is occurring here. Mr. Moore should know better, since he so long has railed against this type of cronyism, these cozy relationships between government and the private sector.”
Michael Moore said in his film, “We want our money back.” (Source: Mackinac Center)
Liberal hypocrisy at its finest. Mr. Moore, Michigan taxpayers are waiting …
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