Saturday, February 19, 2011


Northeastern University Prof. Peter Enrich weighed in on the film tax credit with an op-ed piece in today's Boston Globe. Citing a recent Department of Revenue study he claims, "we spent more than $170,000 of our tax dollars for each $50,000 job."

But a more careful look at the DOR study shows that for the four years between 2006 and 2009 over 6,000 jobs were created at a cost to taxpayers of less than $20,000 per job---an astounding achievement during a terrible recession. The public seems to be way ahead of the professor on this issue. In a recent online survey conducted by the Boston Globe, a whopping 96% of more than two thousand respondents registered their support for the program.