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The legislature and Gov. Charlie Baker appear headed for a showdown over the state's film tax credit, which gives production houses a break equal to 25 percent of the wages they pay within Massachusetts. Baker's administration wants to phase out the credit over two years, believing it costs $80 million a year in revenue but doesn't generate as many jobs as the state would like. In exchange, the governor would double the state's earned income tax credit to help some of the state's poorest citizens. Advocates of the film tax credit warn that losing it could lead to a loss of jobs and a drop in tourism-related revenue. Meanwhile, the House version of the 2015-2016 state budget preserves the credit, which has been on the books since 2006. Where do you stand?
What should Massachusetts do with its film tax credit?
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