By Matt Murphy, State House News Service / Cape Code Today
Under intense pressure from groups like the Massachusetts Taxpayers Foundation and the Massachusetts High Technology Council and the threat of a 2014 ballot question to repeal the tax, Gov. Deval Patrick and Legislative leaders relented, and in the process admitted that perhaps they had not understood the full economic picture and impact of the tax when they included it in their financing package.
Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, said his organization is anticipating that the .05 percent cut in the income tax will take place on Jan. 1.
"It seems like a virtual certainty," Widmer said.