Rhode Island’s tax credit for film and TV productions generated $8 in economic activity for every $1 invested between 2005 and 2009, according to a new study by Edward M. Mazze, economics professor at the University of Rhode Island, and former dean of URI’s business school. He found that the $57.6 million in film tax credits Rhode Island issued over the four-year period created a total of $465.51 million in economic activity. The credits also created and supported 4,184 new jobs, generated $181.7 million in direct wages and $152.6 million in indirect wages, and led to $34.1 million in state and local taxes, according to the report.






