Between a 1999 grant program and a 2010 tax credit program, Virginia taxpayers are paying roughly $10 million every year to help attract film and television productions to the state. The Virginia Film Office says the incentives have a 1.85x return on investment. We're joined by Professor Michael Thom of USC's Price School of Public Policy, who disagrees--he says incentive programs are a bad investment for taxpayers and for the state treasury.

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