Andy Bagley, director of research and public affairs at the Massachusetts Taxpayers Foundation, said production companies use the tax credits to bring in the higher-paying skilled talent from out of state, leaving the lower-paying, menial, part-time jobs to residents. Bagley thinks the taxpayer money should be used elsewhere, such as for education.
But Andy Bagley, of the Massachusetts Taxpayers Foundation, said the tax credits should be eliminated. He said they are not worth the money they cost the state and there's no permanence to the jobs they bring. "The jobs created are small, most of them are part time. It's a highly mobile industry that goes from state to state looking for the best deal," said Bagley.
By Andy Metzger, State House News Service / The Glouscester Times
Gov. Deval Patrick’s planned shifting of the income and sales tax rates would essentially result in a revenue “wash” and the bulk of $1.9 billion in new revenues under his tax code overhaul would come from eliminating specific exemptions and deductions, according to the Massachusetts Taxpayers Foundation.