NY’s Film Tax Credit Might Be Working Too Well

Four years ago New York started offering tax breaks to film and TV projects filming in the city in an attempt to lure more of them. “Since 2002, the number of production shooting days in the city has more than doubled and the number of television pilots rose to 14 in 2005 from one the year before, according to the city. Now New York even occasionally stands in for other cities. But the good news for the city’s film industry is a mixed blessing for the city’s treasury.”