In 2002 and 2008, Georgia created tax incentives to encourage the growth of an industry that has become increasingly important to the state's economy. With an impact of $7 billion in 2016, Georgia now rivals New York and California in terms of this industry. What industry were the aforementioned tax incentives designed to help grow?

1 answer

The tax incentives created by Georgia in 2002 and 2008 were designed to help grow the film and television production industry. By 2016, Georgia had become a major hub for film and television production, rivaling states like New York and California, thanks largely to these incentives.