Avatar Spending is Fantasy Economics
The Taxpayers’ Union is questioning why millions more in public money is being dangled in front of Hollywood to bring the next Avatar sequel premiere to Wellington.
Taxpayers’ Union spokesperson Tory Relf says: “This is fantasy economics. Who’s actually booking a flight to New Zealand because of Avatar? Taxpayers are being forced to bankroll a billionaire’s movie franchise with little to show for it.”
“New Zealanders are tightening their belts while the government throws millions at red carpets and celebrity parties. It’s glitz for the few, paid for by you.”
“The idea of handing out even more subsidies for red carpets and celebrity fanfare is absurd when Treasury calculate less that 1 percent return on investment. The Government needs to scrap the Hollywood handouts.”
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