Sunday, October 16, 2011

My Festering Wound

Does the following bother YOU? I just can't let go of it....:

Debi Durham, director of the reconfigured Iowa Economic Development Authority, said she would like to see the state “get rid” of the film tax credit program that has been suspended until 2013 due to a scandal that shut down the effort two years ago and resulted in criminal convictions over alleged abuses and mismanagement of financial incentives aimed at attracting movie, television and video projects to Iowa.
“That’s not a business we should be in, and the reason we shouldn’t be in it is because it isn’t creating the value we need from a high-quality job, high-quality investment,” Durham said. “I don’t think we need to be incentivizing it.”

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