By Laura Weber, Michigan Public Radio Network
LANSING, MI – Michigan's movie theaters may soon have to pay taxes on rent for their film reels. A state House panel is discussing a bill that would eliminate that particular tax exemption for movie theaters.
Paul Glantz is with Emagine Theaters. He spoke before the House Tax Policy committee.
"Consider the economic impact of those who are prepared to continue to invest in Michigan, particularly entrepreneurial business owners, as you decide to embed additional taxes in the cost structure of our business," Glantz says.
The House committee is looking at several tax exemptions and loopholes as they try and find ways to bring money into the state. None of the ideas have been very popular in the Legislature.