The Tonight Show is coming home to New York - the late night program left for California in 1972, but the lure of state tax credits has proven irresistible to the NBC television network. The show is expected to generate more than 100 million dollars in economic benefits for the Empire State. But not everyone supports the film tax credit.
BOSTON (AP) — Film companies have been awarded $44 million in Massachusetts tax credits for projects filmed in 2011, with nearly two-thirds of new spending generated by the productions going to individuals and businesses located out-of-state, including many individuals making more than $1 million.
That's a jump over the $18 million in credits in 2010.
The Department of Revenue report credited the increase on the return of multiple major feature films being made in Massachusetts.