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'House of Cards' wants tax breaks from MD or the hit show is hitting the road

'House Of Cards' Threatens To Leave Md. Over Tax Credits
It seems Frank Underwood isn't the only ruthless one on the "House of Cards" set.
The show's production company sent Maryland Gov. Martin O'Malley a letter urging lawmakers to increase the tax credits available for production in the state, or else it will "break down our stage, sets and offices and set up in another state."
In the past few years, Maryland has handed out more than $40 million in tax breaks to movie and television production companies that filmed in the state - the vast majority of that went to the Netflix show.
According to The Washington Post, Maryland reimbursed the company with $11 million for season one, and that number could reach $15 million for season two.
Producers want at least another $15 million for season three and have even pushed back filming to see if Maryland officials will comply. There are currently two bills in committee that would increase the state's annual tax credit budget.
State officials say the show has created nearly 6,000 jobs and generated more than $250 million for the state economy.
Lawmakers are divided on whether to continue giving away so much tax revenue, with some arguing it's not fiscally responsible.
And they could be right. According to the Tax Foundation, a 2005 study found states recoup just 16-18 percent of their tax breaks. That means states are missing out on more than 80 percent of every dollar they offer in incentives.
It also notes the majority of the jobs production creates go to out-of-state residents. Even if they do go to locals, they're usually relatively short-term.
The District of Columbia doesn't actually offer tax credits, so even shows about the capital city are often filmed elsewhere - both "Cards" and HBO political comedy "Veep" are filmed in Baltimore and other parts of Maryland.
Filming for "House of Cards" season three has been pushed back to June. The entire first and second seasons are currently available on Netflix.

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LewTag February 22 2014 at 3:14 PM

Blackmail is illegal....and so is this kind of shakedown...don't let the door kick you in the butt on the way out...

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vanderwi2 February 22 2014 at 2:41 PM

tax breaks why do you really need them, isnt the state doing favorsfor you also

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tippy301 February 22 2014 at 2:27 PM

Move it to New York; NO TAX FOR TEN YEARS.

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ken February 22 2014 at 1:52 PM

They can leave, and the state will no longer have to provide the state services that the company benefits from- the electrical systems, roads, water and sewer, etc. There isn't a single company in the US that doesn't receive government services for themselves and their employees.

When they leave tell them they can't drive out on state roads.

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johnpegwharton February 22 2014 at 12:27 PM

Ho is it that this Brit or Aussie gets all these US acting roles.?

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1 reply to johnpegwharton's comment
tippy301 February 22 2014 at 2:29 PM

Like Hugh Laurie ?

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johnpegwharton February 22 2014 at 12:26 PM

This is the first post that has not been flagged by AOL this year.

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johnpegwharton February 22 2014 at 12:25 PM

Yahoo. Please do something with your news program that will encourage me to drop AOL and this Huffington Post crap.

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Kevin Caldwell February 22 2014 at 12:08 PM

Tell them to hit the road. But my question is, Maryland’s current cap is $7.5 million. How did MRC get tax credits above the cap not just once but twice.

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marathonsd February 22 2014 at 12:00 PM

The hell with them; let them go to another state and save the taxpayers money overall. Why are politicians so stupid to let them be held hostage to an industry that just takes and gives nothing in return?

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Kevin Caldwell February 22 2014 at 11:59 AM

Stock price at $432.

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~~ 2592000

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