And the Oscar Award for Best Actor Goes To … Film Subsidies for Their Portrayal of “Being a Good Investment”
As awards season closes out Sunday at the Academy Awards, we went behind the scenes to highlight just how much Best Picture nominees received in tax breaks. Together, we were able to identify about $13 million in tax breaks for three films. The actual price tag, however, might be much larger as so many film subsidy programs lack proper transparency.
Good Jobs First's Katie Furtado explains how the organization was able to determine public school districts lost $2.37 billion to corporate tax abatements in fiscal year 2019 -- and that's just what we could confirm. The actual total is much, much greater.