Hollywood to lose title as 'Entertainment Capital of the World?'

Yes, this a headline that is getting more and more attention lately. Hollywood is on the verge of losing it's status because of the taxes that movie makers have to pay to film in the city of L.A. A studio in Tinsel Town has already lost Deal or No Deal to a cheaper studio in Connecticut were they have a 30% increase in pay. They lost Ben Affleck's new movie to Massachusetts' tax breaks, along with Goerge Clooney's new comedy to New Mexico. And a company who provides prop's for movies has been forced to auction off everything that it owns since sales have dropped anormously, and now they have lost their business.



And now, L.A. poloticians are discussing making a tax break for filming, along several other states who have used it as a way to bring movie makers to their states. In hopes that it will bring business back to the dying Hollywood, once known as the national spotlight for entertainment. But the question that alot of people are starting to ask is, have the city officials and poloticians going to invent this new tax break for movie makers? And is it coming a little to soon, but too late for Hollywood?