"There have existed, in every age and every country, two distinct orders of men -- the lovers of freedom and the devoted advocates of power." ~ Robert Y. Hayne
Massachusetts Ending Welfare for Hollywood Billionaires
Submitted by KenK on Thu, 2015-07-23 23:00
"Lucrative tax credits for the film industry — has been tried out in many state laboratories over the past decade and a half. As many as 44 states have offered the subsidies, among them Massachusetts, which is currently spending $80 million yearly in givebacks to Hollywood producers. The tax credits have their ardent defenders; what corporate-welfare program doesn’t? But the results haven’t lived up to the hype. Almost nowhere have the lavish subsidies led to a robust, homegrown movie industry."
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