New York State Governor David A. Patterson is threatening to cut funding for the New York State Tax Credit Program. According to a 2007 study, the state and city combined have issued $690 million in tax credits and have collected $2.7 billion in taxes from movie and television productions. In 2007, this program helped create over 7,000 jobs directly and over 12,000 jobs indirectly. With an unemployment rate of over 7%, now is not the time to cut programs that create jobs and foster new businesses in our state. This program is proven to be highly successful and at a time when this industry needs all the help it can get.
Click here to sign the petition asking the Governor to fund the New York State's Television and Film Tax Credits and save our jobs!