There has been much confusion in recent months about the costs and benefits of Massachusetts’ film and television tax credit program.

Here is what every business leader should know: The credits have been like Miracle-Gro for our industry. Over the past five years, there has been a national race — a fierce competition to attract the high-spending film and TV industries, with states across the country vying to create incentives to lure movies and TV companies and their lucrative spending to their states. The surprise winner: Massachusetts. We’re fighting way above our weight class. We are in third place behind California and New York in revenue generated by film production. In spite of what the naysayers would have us believe, we can grow a strong film and TV industry here that can pump millions more into the Massachusetts economy. READ MORE