Behind the scenes, many careers rely on film tax credit
Boston Globe - 04/18/2015
But is this the best use of taxpayer funds? The Massachusetts Department of Revenue reports that between 2006 and 2012, the state doled out $356.7 million in film credits, which by the DOR’s math meant each Massachusetts job cost the state roughly $118,000. Those jobs had a median income of nearly $65,000.
“We’re using about twice as many taxpayer dollars for each dollar of salary that is going to a Massachusetts worker,” said Peter Enrich, a law professor at Northeastern University Law School who specializes in tax incentives. “I’m pretty sure this is a bad investment of state money.”