In The News

Tax credit deal is just not enough

Jul 21 2015

By Shirley Leung, The Boston Globe

On July 8, the day the Legislature passed the budget, the four major business groups in town — Associated Industries of Massachusetts, the Massachusetts Taxpayers Foundation, the Greater Boston Chamber of Commerce, and the Massachusetts Business Roundtable — joined forces to urge Baker to veto the measure that would eliminate FAS 109, an accounting rule that includes hefty tax deductions for some companies.
Full article
Forward to a friend

6 highlights from MBTA finance control panel’s first meeting

Jul 21 2015

By Gintautas Dumcius, MassLive

"This board will bring much-needed focus, expertise, urgency, discipline and accountability to the MBTA over the next three years – powers that can be extended for another two years if deemed necessary," said Melrose Mayor Rob Dolan and Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, in a statement. "Today is the day that reform of the MBTA begins in earnest."
Full article
Forward to a friend

High debt weakens state fiscal standing, report finds

in

Jul 20 2015

By Gabrielle Gurley, CommonWealth Magazine

Massachusetts got through the recession better than most states and is currently “sound,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. “There’s job growth, there’s investment, and a building boom in downtown Boston,” she said. “But when you look at the debt we are carrying…it’s something that we need to focus on as a Commonwealth.”
Full article
Forward to a friend

Baker, legislative leaders strike deal to keep business tax break

Jul 19 2015

By Matt Murphy and Michael Norton, State House News Service / WBJournal

According to Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce, the Massachusetts Business Roundtable and the Massachusetts Taxpayers Foundation, the agreement "provides certainty for the state's businesses regarding the FAS 109 deduction for several years, and such predictability is critical for economic growth and business development." Baker last week said he did not view repealing the FAS-109 deduction as a tax increase, while Massachusetts Taxpayers Association President Eileen McAnneny said she believed the repeal was a tax hike.
Full article
Forward to a friend

Beacon Hill leaders keep corporate tax deduction intact

Jul 18 2015

By Jon Chesto, The Boston Globe

The Associated Industries of Massachusetts, Greater Boston Chamber of Commerce, Massachusetts Business Roundtable, and Massachusetts Taxpayers Foundation had urged the Legislature to reconsider the deduction repeal when it first became public last week. Also, individual companies such as Verizon expressed concerns.
Full article
Forward to a friend

Educating illegal immigrants

Jul 16 2015

By Jack Sullivan, CommonWealth Magazine

The Massachusetts Taxpayers Foundation estimates 910 undocumented immigrants graduated from public high schools in the state last year, roughly the size of the combined graduating class of Newton North and Newton South high schools. The watchdog group says estimates allowing them to attend at the in-state rate would bring in about $7 million in new revenue to the schools because most of those students who would register are not enrolled.
Full article
Forward to a friend

Letter to the Editor: Finishing job on the T

Jul 16 2015

By Mayor James Dolan and Eileen McAnneny, The Boston Herald

Now legislators need to finish the job. As the Herald pointed out, additional steps, including giving the board final approval of labor contracts, the flexibility to change the fare structure at the T and more transparency into the T Retirement Fund, are essential to ensuring these reforms make the biggest possible difference.
Full article
Forward to a friend

Making good on a promise to help the poor

Jul 10 2015

By Shirley Leung, The Boston Globe

The major business groups — from the Massachusetts Taxpayers Foundation to Associated Industries of Massachusetts — have sent a letter to Baker, urging him to veto that part of the budget. Their argument: Companies like certainty, and changing the tax law mid-stream cements Massachusetts’ reputation as a bad place to do business.
Full article
Forward to a friend

Tarr questions closed door deal on taxes

Jul 10 2015

By Michael Norton, State House News Service / NewburyPort News

In a letter to Baker released Wednesday afternoon, the heads of the Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce and the Massachusetts Business Roundtable urged him to veto the plan to repeal the FAS 109 deduction, saying reversing course on the policy “sends a troubling message to businesses that agreements are always subject to change” and contributes to the state’s “poor reputation for tax predictability.”
Full article
Forward to a friend

Plan to repeal tax deduction alarms firms

Jul 9 2015

By Jon Chesto, The Boston Globe

“The fact that the rule changed very quickly and abruptly is problematic, particularly for Massachusetts, where we suffer from the perception that we have a negative tax climate,” McAnneny said. McAnneny signed the letter urging Baker to veto the measure, along with representatives of Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce, and the Massachusetts Business Roundtable.

Full article
Forward to a friend
See our site policy on external link content.