X

Massachusetts Luring Video Game Companies With Tax Breaks

sjohnson
6 Comments

Posted July 8, 2009 - By Stephen Johnson

Rep. John BiniendaYou don't hear as many people in power decrying the evil nature of video games as you used to. Part of that is a more liberal political climate brought in in the wake of the Obama election, but the main reason is strictly monetary: In times of economic need, politicians seem more prone to cozy up to the recession-proof (or, at least recession-resistant) video game industry.

For example, Massachusetts Rep. John Binienda.  Binienda has proposed H.2690, a measure that would extend tax credits to video game concerns that set down roots in Mass.

"The idea here is that if you could make some tax credits and some tax breaks, that not only could you get your degree here, but you could work here to keep the best and the brightest minds here, in the [video game development] field," Binienda said.

The bill is being debated today in the State House. Wish it luck -- the U.S. will need it. Foreign government are also subsidizing video game development. As Ray Pad told you all yesterday, Taiwan is working closely with Sony to bring developers over there.

Source

 

Tags: Videogames
Massachusetts Luring Video Game Companies With Tax Breaks
http://www.g4tv.com/thefeed/blog/post/697199/massachusetts-luring-video-game-companies-with-tax-breaks/
http://images.g4tv.com/ImageDb3/165786_S/Rep-John-Binienda.jpg
BlogThread_697199

ADVERTISEMENT

Blog Tags

g4tv.com
  • Sara Underwood's Naked Bike Ride

    Posted: June 22, 2011

    1,314,302 Views | 05:20

  • Sports Illustrated's Julie Henderson at the Gun Store

    Posted: March 8, 2011

    12,278 Views | 03:37

  • Epic Giveaway: Prototype 2 Leather Jacket

    Posted: October 12, 2011

    3,352 Views | 01:13

  • E3 2010: Bionic Commando Rearmed 2 Interview

    Posted: June 24, 2010

    3,642 Views | 02:27

  • Assassin's Creed 3 E3 Trailer

    Posted: June 4, 2012

    13,328 Views | 02:54

AdChoices