Patrick Button's Film Incentive Research Highlighted in The New York Times
 

Ever wondered about what's behind those enticing tax credits that lure filmmakers to different states?

The New York Times featured the research of CAIDS Executive Patrick Button in the article "States have spent $25 billon to Woo Hollywood. Is it worth it?" about tax incentives for the film industry. Button's research highlights how states often do not recoup the revenue they anticipated. The opacity of the system makes it difficult to assess how much tax revenue states lose, however. Writing about Michigan's foray into tax incentives, Button called tax incentives a "Math trick to pull the wool over the eyes of Michiganders."