ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
Red State Wealth Transfer Fails Spectacularly
Will Trump Dump JD Vance?
ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
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One state-level program that has traditionally generated substantial bipartisan support is offering up taxpayer money to movie studios. The intent: convincing the makers of films, TV shows and such to stage their productions in a particular state. The result: more jobs for locals, greater economic activity for businesses and a tax windfall for the state.
But as is so often the case with economic development schemes, be they federal, state or local, is that such wealth transfers rarely live up to the hype.
A recent audit of Georgia's tax credit program for movie and TV productions showed that, while the state was quite generous with taxpayer money, the costs and returns were…well, let's call them “suboptimal”:
That's…horrifying. But wait, the news manages to get even worse (for Georgia taxpayers):
As Kennesaw State University Prof. J.C. Bradbury wrote on X:
Indeed, it should. But more likely than not, the program won't end. There may be a few nips and tucks in its operations. But rare is the politician(s) who will end a program that allows other pols to play Santa Claus…with other people's money. Never mind one that generates so many opportunities for small town pols to rub shoulders with Hollywood grandees.
The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.
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