As I’ve pointed out before, the Commonwealth’s movie tax credits program (ie., giveaways) is the biggest ripoff in state spending that we have seen in a long time.Bruce Mohl, he of Commonwealth magazine, seems to agree.In an op-ed piece that ran in the Globe he says:The 25 percent film tax credit is a perfect example. A movie spending $20 million here would receive credits worth $5 million that could be sold to someone who owes taxes in Massachusetts or sold back to the state [...]
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[Source: The Money Blogs]
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