Murray backs game tax break

When will additional revenues for the Commonwealth enter into the Administration's conversation?

State finances are tight now, but when the economy improves, a tax break to help encourage the video game industry should be considered to help bring more jobs to Massachusetts, Lt. Gov. Tim Murray said Thursday… With the state struggling with a tight budget, it would be "premature" to talk about reducing revenues through tax breaks now, he said, but in the future the administration and Legislature sould consider extending a movie-making tax credit to video games companies… Any future tax credit for the industry would have be linked to job creation with a strong "clawback" provision to reimburse the state if the jobs do not materialize, he said. [Full Article: Sun Chronicle]