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TAX REBATES HELP PAY STARS’ HEFTY SALARIES

January 13, 2011 by · Leave a Comment 

Massachusetts Production Coalition

A report on Wednesday that 25 percent of Massachusetts’s film tax credits goes to non-resident actors earning more than $1 million is likely to generate renewed controversy over such payments. The Associated Press, which reviewed the state’s Department of Revenue report on the tax credit program, reported on Wednesday that $82 million of the $330 million in eligible credits in 2009 went to the high-priced actors while only some $42 million went to wages of local workers. Among the productions shot in the state in 2009 were The Fighter, The Social Network and The Town. In an interview with the Associated Press, Joe Maiella, president of Massachusetts Production Coalition, which represents the film industry, said, “What we consider most important about the film tax credit is its long-term results, including the jobs created not only within the film industry but in local businesses.”