Re: [filmind-228] Fw: Duck Dynasty

From: Sherry V.
Sent on: Sunday, July 6, 2014 2:57 PM
Okay, here are some of the thoughts I wrote on my facebook page. Sorry. I come from a family that was raised to invest and to be smart about it. I can't give you those numbers because I don't have the tax returns from a multi-million dollar production to share. But I have had enough sit down conversations with people who are crunching those numbers to believe with a fair amount of certainty that this is how it works:

We are not giving away money from the state. We are instead allowing productions who are pumping millions of dollars (new money) into our state to keep a portion of the taxes they would pay on the money they're bringing in. A 30% tax credit on a multi-million dollar production means that the state is making 70% of those taxes, which is a lot of new revenue for the state.

Some people have asked- "why do we have to offer anything? Why can't people just spend hundreds of millions of dollars on a production in our state just because they want to without us offering anything?" Ever wonder where those hundreds of millions of dollars to make a movie comes from? The film industry is an investment industry. We are sort of brokering stock. There are investors all over the country looking for the best place to invest their money. Making films is expensive, but if the films make more than they cost, then that's a good investment for anyone who bought shares in it ("God's Not Dead" just wrote the blueprint for succeeding at this). On the other hand, if the movie spends more than it returns, then it wasn't a good investment (like my US Airways stock a decade ago when they went bankrupt). So what the tax credits are designed to do is soften the cushion a little to make it more likely that the investor will end up with a net win ( and therefore continue investing in Louisiana- and yes, we get investors from all over the country). If a production succeeds at the box office, earning more than it spends, it's a win for the investors because they get back more than they put in, it's a win for the state because we get 70% of the taxes on this new money that has come into the state for the film, and it's a win for the local businesses who provided goods & services for the making of the film. That's our goal. For everyone to win. (And of course, it's a win for us as film crew because we love to make films.)

I can personally testify to the unbelievable growth I've seen in the 5 years since I moved to Baton Rouge. I moved down here because I heard there was some film industry thing going on and I thought I might find a writers' group. I went through watching most everyone I knew in the industry go through training but unable to find jobs, to watching most people in the industry work part-time but only on small productions, to where we are now- which is watching almost everyone I know in the industry working full-time including large productions. We are only going upward.

I'll say it like I said it in March to Nola.com. Drew Brees came here after Hurricane Katrina to bring industry to our state and help us rebuild. Brad Pitt did the same thing. So when Brees wins a Superbowl we throw a parade, paint the town black and gold, line up to meet them when their bus returns, and celebrate forever, but when Pitt wins an Oscar for a Louisiana film, we publish an article the next week in nola.com telling him to go back to California? Where is this double standard coming from? Both Brees & Pitt are running non-profits to help rebuild our state, and the productions are providing jobs. How many numbers do we have to see to understand that the state receiving a percentage of revenue that's coming in from industry that could be somewhere else common sense? 

I'm sorry. I cannot provide other people's tax returns. But I hope eventually our state will understand that this is helping us. 

Sherry



Sent from my iPad

On Jul 6, 2014, at 2:40 PM, Susie Labry <[address removed]> wrote:

Answer the questions now here so we will not have to go to Baton Rouge, cause confusion, and face the risk of losing the credits.

Bryan,Daniel, it is not spam.

It is our meetup, which I pay for and put in decades of work to bringing it to where it is not and you call us a spam. Spam is a one click to UNINVITED and UNWANTED solicitors outside market and inappropriate markets. It's our or rather my logo is SUNSHINE, TRANSPARENCY.

This meetup is formed to network and share information vital to our film industry and jobs, which we do thru email.  It is a healthy debate about the Louisiana Film Industry Tax Credits and using a local film/tv show as example.  Ben has every right to oppose the tax credits and it is a healthy debate, which helps people understand why some oppose and some support the Louisiana Film Industry tax credits.  I rather see debate here at home and get questions like Ben's answered long before we go to Baton Rouge when it might be too late to ask with the risk of losing it by debating there causing confusion. We MUST go to Baton Rouge informed with evidence, numbers in black and white, which Ben expects and must have, which I provided, and another piece will be coming out later.

Answer the questions now so we will not have to go to Baton Rouge and face the risk of losing the credits.

You have a right to oppose the credits.  It is not a requirement you support the tax credits to be in this meetup or to get work here in the industry. It effects our industry and state and you should take an interest in this and other issues effecting our state and industry. It is our jobs and our purse it effects.

That is what is wrong with this state, apathy, lack of interest in the issues, and I agree with you there is way too much mudslinging (me calling La Budget Project a "monster" due to its size and strength, and all that Ben has said, but Ben had some great points-PROVIDE THE PROOF!--which I like and expect, even tho I disagree with him on our stands on the credits, especially when he calls the credit a "subsidy" or "welfare". He has that right to get that proof, numbers, evidence, and citation. He expects this, I expect it, and the Legislators and those in Baton Rouge expect it or we lose our credits. I rather all this going on here in our own backyard and NOT BATON ROUGE.

Meetup has a mechanism where you can turn off the emails, go into Account Settings and turn it off! but why I don't know because the whole point of this meetup is to inform and to benefit you to keep you abreast of the going ons in our industry. It is a LOCAL tv show with Louisianians working in it and around it. If you think I need to discontinue the emails, let me know and why.  Only difference it is like a paper or magazine but in form of emails. This info shared is very valuable and a lot of hard work was put into it by them and by us.

Bryan, Daniel, I was going to discontinue all the blasts and emails, but when I mentioned I was going to do that, the members arose and cried out please do not discontinue.  I may consider charging dues but I said no, I want to have this for to benefit those like you, because many are looking for work. A lot of problems were solved by dialogs like these in the past when the scandals broke out and when Springbreak screwed a lot of people out of money, solving problems which could have caused outbreaks on sets, and answered a lot of casting issues and questions.

Apathy is not anything I condone or welcome. I encourage and thank you for questioning and asking for clarity.

Hope this explains and clarifies, let me know.

Susie
Answer the questions here and now so we will not have to go to Baton Rouge and face the risk of losing the credits.
From: Daniel McMillan <[address removed]>
To: [address removed]
Sent: Sunday, July 6,[masked]:22 PM
Subject: Re: [filmind-228] Fw: Duck Dynasty


We need a show more worthwhile to stress / spam about.
----- Original Message -----
From: Susie Labry
To: [address removed]
Sent: Saturday, July 05,[masked]:07 PM
Subject: [filmind-228] Fw: Duck Dynasty


----- Forwarded Message -----
From: BBalser <[address removed]>
To: Susie Labry <[address removed]>
Sent: Saturday, July 5, [masked]:58 PM
Subject: Re: Duck Dynasty

Dan, research how little large corporations pay in taxes in Louisiana.  Duck Commander has so many write-offs and tax credits as a corporation, they pay next to no taxes to the state.  PLUS a percentage of that business collects entertainment industry tax credits because it is part of the TV show.  So, as someone said,  I do support the film industry.  But as Spike Lee put it Do the Right Thing; A system that unfairly benefits and privileges the wealthy over the poor is not “doing the right thing.” 

Your 8% state rate is personal income tax rate, not what businesses pay.  I own two, and I can tell you first hand, the larger you are in Louisiana, the more you are able to write off and get breaks on.  They in fact pay very little to no taxes, period.

Duck Dynasty collects welfare, plain and simple, and the fact that they make billions in gross profit does not mean they contribute that much to the state, nor does it make them privileged to collect welfare and make a living off of my tax dollars.
 



On 7/5/14, 3:02 PM, Susie Labry wrote:
These are replies on meetup and Facebook https://www.facebook.com/dan.mccrory/posts/10203981863329066?comment_id=10203981893209813 by Daniel McCrory which I still want to share with you to provide you with info as per your request.


FROM DAN MCCRORY:
"
These are my thoughts in regards to the recent article about Duck Dynasty published by Nola.com.

 In my opinion, Duck Dynasty benefits Louisiana the most out of all film productions in the state because A....) The stars of the show live in Louisiana and pay income taxes to the state. B.) They own several businesses whose profits have increased dramatically and directly as a result of their show. The Duck Commander business alone has paid back any Louisiana tax incentives given to the show from the state and will continue to do so for many, many more years to come.

I did some research about the Duck Commander business this morning and this is what I found:

Revenue for the Duck Commander business alone was at $40,000,000 in 2012, the first year the show aired. At a state tax rate of about 8% this means that the government received $5,000,000 just from their business in 1 year. I haven’t been able to find what the company’s sales were prior to the show but it’s a fair assumption that the show increased revenue very dramatically considering that their show is a half hour national advertisement for their business. (source: http://en.wikipedia.org/wiki/Duck_Commander & http://www.nolo.com/legal-encyclopedia/louisiana-state-business-income-tax.html )

According to a recent article published by Nola.com ( http://www.nola.com/news/baton-rouge/index.ssf/2014/07/louisiana_will_devote_more_tha.html ) the show will receive about a $6,000,000 tax break over 3 years from Louisiana film incentives. Based on the tax rate of their business the state will receive nearly 3 times that amount back just from the Duck Commander business. Not to mention any taxes paid by their Buck Commander business and personal taxes paid by each of the show’s stars, tourism, merchandise, etc. Merchandise apparently will make a very large impact in the taxes paid by the show’s stars b/c merchandise sales were at $400,000,000 in 2013 (source: http://en.wikipedia.org/wiki/Duck_Dynasty ). It really depends on what percent, albeit if any, of the merchandise sales go to the Robinson family but considering that they recently renegotiated their contract with A&E I would expect a good amount of money is being made by the family from that also which translates into more taxes for Louisiana.

Sincerely,
Dan McCrory


On Sat, Jul 5, 2014 at 7:47 AM, Dan McCrory <[address removed]> wrote:
In my opinion, Duck Dynasty benefits Louisiana the most out of all film productions in the state because A.) The stars of the show live in Louisiana and pay income taxes to the state. B.) They own several businesses whose profits have increased dramatically and directly as a result of their show. The Duck Commander business alone has paid back any Louisiana tax incentives given to the show from the state and will continue to do so for many, many more years to come.

I did some research about the Duck Commander business this morning and this is what I found:

Revenue for the Duck Commander business alone was at $40,000,000 in 2012, the first year the show aired. At a state tax rate of about 8% this means that the government received $5,000,000 just from their business. I haven’t been able to find what the company’s sales were prior to the show but it’s a fair assumption that the show increased revenue very dramatically considering that their show is a half hour national advertisement for their business. (source: http://en.wikipedia.org/wiki/Duck_Commander & http://www.nolo.com/legal-encyclopedia/louisiana-state-business-income-tax.html )

According to a recent article published by Nola.com ( http://www.nola.com/news/baton-rouge/index.ssf/2014/07/louisiana_will_devote_more_tha.html ) the show will receive about a $6,000,000 tax break over 3 years from Louisiana film incentives. Based on the tax rate of their business the show will receive nearly 3 times that amount back just based on their Duck Commander show alone. Not to mention any taxes paid by their Buck Commander business and personal taxes paid by each of the show’s stars, tourism, merchandise, etc. Merchandise apparently will make a very large impact in the taxes paid by the show’s stars b/c merchandise sales were at $400,000,000 in 2013 (source: http://en.wikipedia.org/wiki/Duck_Dynasty ). It really depends on what percent, albeit if any, of the merchandise sales go to the Robinson family but considering that they recently renegotiated their contract with A&E I would expect a good amount of money is being made by the family from that also which translates into more taxes for Louisiana.



I hope this helps.
Sincerely,
Dan McCrory"



"

From: BBalser mailto:[address removed]
To: Susie Labry mailto:[address removed]
Sent: Saturday, July 5,[masked]:00 AM
Subject: Re: Duck Dynasty

I never produced a movie for Veleka's class.  No clue what you're talking about.

She had a couple of kids do it once, with my hardware, and they messed up my hardware.  That may be what you're thinking of.  But I never yelled at Veleka in front of other people.  You seem to have some fantasy memory of what did not ever happen.  And I never yelled at you, personally, EVER, any time, any where, period.  You're delusional about that.  I never had any dealings with you in relation with Veleka at all.  You're obviously confusing me with someone else.


On 7/5/14, 1:30 AM, Susie Labry wrote:
IThat movie you produced and directed for Veleka's class and you left.  You yelled at me at Veleka's for no reason at all. Why?











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This message was sent by Susie Labry ([address removed]) from Baton Rouge Film, TV, Theater & Music Industry Meetup Group.
To learn more about Susie Labry, visit his/her member profile
To report this message or block the sender, please click here
Set my mailing list to email me As they are sent | In one daily email | Don't send me mailing list messages

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