Do Film Tax Credits Hurt or Help Local Economies?

Tuesday, March 09, 2010

Massachusetts is one of forty-six states that offer tax credits to filmmakers who agree to produce their movies in that state. The benefit for the Commonwealth is added jobs and more local business while the film is in production. But some are calling for the governor to put a cap on the tax credit in order to balance the budget.

We talk with Joan Fitzgerald, a professor and director of the graduate program of law at Northeastern University. She argues that the tax credit ultimately will lose the state money and does not create long-term sustainable jobs. We also hear from Joe Maiella, the president of the Massachusetts Production Coalition who insists the film tax credit is creating thousands of jobs and is an effective program, especially during the recession.

 

Read Joan Fitzgerald's op/ed in the Boston Globe: State should yell 'cut' to film tax credit

Guests:

Joan Fitzgerald and Joe Maiella

Hosted by:

Todd Zwillich

Produced by:

Arwa Gunja

Comments [1]

Richard A. Brick

I am the former Commissioner of the New York City Mayor's Office of Film, Theatre and Broadcasting (1992-94), which was founded in 1965 and, as such, is the oldest such commission in the US. Your exploration of this complex question was surprisingly brief and superficial, your host sought sound bytes, and therefore your program was disappointing and failed to shed much light on this important question of public policy. Reasonable investment in film and TV production is definately economically beneficial in New York.

Mar. 09 2010 05:49 PM

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