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submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]
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[-] [email protected] 44 points 1 month ago* (last edited 1 month ago)

Like many other states, Massachusetts offers tax credits for film and television productions that film in the state. In particular, Massachusetts offers credits worth 25 percent of a production's expenses and payroll tax liability incurred in the Bay State. If the credits exceed the production's Massachusetts tax liability, they can claim 90 percent of the remainder as a refund.

All in all the article was a bit of a hit piece against these tax credits in both MA and other states. Could be completely on point for all I know though, no clue if they're representing the facts accurately or not

[-] [email protected] 33 points 1 month ago

Reason is billionaire republican talking rag.

They are targeting industries they don't like here.

For example, you will never see them cover tax credits and other transfers to Koch Industries and its subsidiaries get in place like Georgia.

Or oil majors being funded by the taxpayers.

With that being said, we should not be providing these clown ass transfers to "private enterprise"

I shill this point regularly and most people appear to support these transfers around here as long as it is their "team" getting them.

[-] [email protected] -1 points 1 month ago

most people appear to support these transfers around here as long as it is their "team" getting them.

I mean, that's what politics is. You make a good point about "Reason" being a crappy source, but handouts to different industries are intended to help those industries. That's the point.

If you don't like it: vote, volunteer, donate, etc.

[-] [email protected] 7 points 1 month ago

Why is the taxpayer funding corporate entities owned by the rich?

I thought we are a free market economic system where private capital drives economic growth?

if are giving these people cash transfers, why is the state not taking equity position in these ventures?

It gets real awkward when you start asking such questions as most people can't reconcile propaganda with how the system actually functions.

All of this while people are crying we can't provide free lunch to school kids lol

this post was submitted on 25 Jul 2024
119 points (83.2% liked)

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