Critics say cut film tax credit as costs erase gains

BOSTON – They can bring Hollywood A-listers like Denzel Washington and Mark Wahlberg, put Boston and other Bay State communities on the silver screen and pump millions of dollars into the local economy, but critics say the cost of film tax credits makes them a bad deal for Massachusetts. "Every independent analysis of the economic effectiveness of film credits has found that the costs exceed the benefits," Joseph Henchman, a vice president at the Tax Foundation in Washington, said in an intervi

BOSTON – They can bring Hollywood A-listers like Denzel Washington and Mark Wahlberg, put Boston and other Bay State communities on the silver screen and pump millions of dollars into the local economy, but critics say the cost of film tax credits makes them a bad deal for Massachusetts. "Every independent analysis of the economic effectiveness of film credits has found that the costs exceed the benefits," Joseph Henchman, a vice president at the Tax Foundation in Washington, said in an intervi…