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BOSTON – Last summer, state Rep. Geoff Diehl (R-Whitman) attended a fundraiser for real estate magnate Donald Trump at the home of car dealer and Boston personality Ernie Boch, Jr.
Apparently, he liked what he saw.
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 interview. As of last year, more than three dozen states offered film tax credits, according to Governing magazine. Nationwide, those credits total $1.8 billion annually, Henchman said.