Former Attorney General of Kentucky, Daniel Cameron, who now leads the 1792 Exchange, has publicly criticized Netflix for its perceived negative impact on tax revenues. In a recent statement, Cameron highlighted how Netflix has offset tax revenue by acquiring a former military site in New Jersey as a production studio. The move, he argues, has undermined local tax bases and affected state revenue streams.
Cameron’s allegations suggest that streaming giants like Netflix are leveraging state resources for their productions, which may not contribute meaningfully to the local economy. The former AG’s comments come amid broader discussions about the influence of tech companies on state budgets and the need for equitable taxation policies. His criticism underscores concerns about the financial effects of such corporate strategies on public coffers.
These remarks from Cameron are part of a growing debate about the role of streaming services in shaping state economies. As companies continue to expand their production facilities across the United States, the question of how to fairly balance corporate interests with public financial accountability has become increasingly relevant. Cameron’s position reflects a conservative stance on economic policy, emphasizing state control over resources and the potential risks posed by large corporations operating without sufficient regard for local tax systems.