The film incentives seemed to work so well so why not apply them to the music industry, too? Well, that's the plan with these new tax credits for music makers.
Excerpt:
It makes for an enchanting vision: the revival of Detroit as a music-making capital, teeming with studios, session players, producers and smash hits.
With Michigan's newly revealed recording tax incentives, music lovers can only be intrigued by the prospect of restoring real enterprise -- and dollars -- to Detroit's legacy as one of the world's great music cities.
Amid thriving film production here, prompted by related tax credits, there's plenty of precedent for Michigan as a music hub. Indeed, from the historical point of view, a tax incentive for music is far more fitting than one for film.
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