The Subsidy Palin Makes Is the Subsidy Palin Takes
In 2008, Sarah Palin, then the Governor of Alaska, signed into law a special tax credit for filmmakers operating in her state. The bill also allocated $350,000 to the Alaska Film Incentive Program. The intent, according to the Alaska Daily News, was to "bring movie-making back to Alaska."
Who's benefiting from that tax subsidy now? According to The Tax Foundation, none other than Sarah Palin:
Small government crusader and Tea Party favorite Sarah Palin's TLC reality show "Sarah Palin's Alaska" received a $1.2 million subsidy from the state of Alaska. The show spent $3.6 million on production in the state, meaning that Alaskan taxpayers covered a third of the cost of the show. The show will apparently not have a second season.
(Via Timothy Carney.)
Read Reason's Tim Cavanaugh on state-based film subsidies here. Read my take on the subsidized Battle: Los Angeles here.