FILM TAX CREDIT: MORE QUIET ON THE SET?
Sometimes we hit the jackpot with a LinkedIn discussion. After Gov. Charlie Baker’s recent announcement that he would seek to repeal the state’s film tax credit designed to entice more film production in Massachusetts, we ignited a spirited debate about how far government should go to incentivize a specific industry.
“Tax breaks for specific industries are no more than subsidies. There is no reason for the government to be deciding which industry should get what tax break …”
Jim Pond
“By incentivizing filmmakers, the government … skillfully brought to the attention of this industry that our beautiful state … was worth capturing on film.”
Barbara Guertin
“Unfortunately, we live in a culture where government subsidies (are) the way of life. … To eliminate the subsidy from one industry but leave it for others seems to be unfair.”
Greg Aldrich
