Film industry facing ‘tax crisis’
Production in the UK “will fall dramatically” because new tax laws are scaring off investors.
Apparently, there is a very strong relationship between the levels of taxation on the film industry, and the amount of investment that the industry receives.
I wonder if the normal tax regime “dramatically” discourages investment and production in industries other than film, as well.
I believe it does.
What policy implications would the great and good of the film industry draw from this?