In The News: Taxes

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As push for repeal expands, Democrats defend tech tax

Aug 16 2013

By Andy Metzger, State House News Service / Pembroke Mariner

The tech tax will generate $161 million annually in revenue, according to Dempsey and Brewer, who have said they will monitor the revenues to ensure that they do not exceed that amount. Massachusetts Taxpayers Foundation President Michael Widmer has warned that the tax could generate $500 million, and said he has repeatedly met with top lawmakers to share his concerns.
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State Senator: Massachusetts Tech Tax 'Modernizes The Tax Code'

Aug 16 2013

By Sarah Kuranda, CRN

The tax has had the industry up in arms since it went into effect on July 31, extending the state's 6.25 percent sales tax to software services. Industry members complained about the tax's sudden implementation, lack of guidance and wide scope. It is the highest such tax in the nation, according to a publication by the Massachusetts Taxpayers Foundation.
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Editorial: Time for Legislature to listen on software tax

Aug 16 2013

The Eagle Tribune

This week, a cadre of business and political leaders, including representatives from the Massachusetts Taxpayers Foundation and major regional employers like Peabody’s Analogic, gathered in Danvers to try to figure out how to respond to the Legislature’s newest and most addle-brained tax.
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Block Calls for Rhode Island Recruitment of MA Tech Firms

Aug 15 2013

GoLocalProv

Rhode Island does not levy a tax on software services, giving it a clear advantage over its neighbor which will soon collect a 6.25% sales tax on a broad range of services. According to the Massachusetts Taxpayers Foundation, Massachusetts now has the highest tax on computer services in the country. "For years, we have watched businesses leave Rhode Island, lured away by a more favorable business climate in Massachusetts," said Block. "Now we have the opportunity to reverse that trend and start bringing some businesses back. If you're looking for a way to fill vacant office space such as the Superman building, this is one great way to do it."


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New Massachusetts Software Services Tax Highest In Nation

Aug 14 2013

By Sarah Kuranda, CRN

The legislature predicts that the Massachusetts tax, which took effect July 31, will raise $161 million as part of a bill to fund transportation in the state. However, Michael Widmer, president of the Massachusetts Taxpayers Foundation, said he predicts it will raise closer to $500 million, if not more, based on his calculations with Department of Revenue data. "Its impact on them is going to be greater [than predicted]," Widmer said. "This is an equal opportunity tax. It's absolutely going to impact all sectors of every side."
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Editorial: A real test of leadership

Aug 14 2013

The Boston Herald

The other huge issue is that the wording was so vague that no one really knows whether the tax will cost businesses the $160 million state lawmakers claim or more than $500 million as those in the industry and the Massachusetts Taxpayers Foundation insist. Some 20 Massachusetts business leaders and organizations are already committed to putting a repeal of the tax on the ballot.
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Amid Ballot Effort, Sen. Spilka Plans To File Repeal Of Tech Tax

Aug 14 2013

By Andy Metzger, State House News Service / WBUR

Concern has mounted around the tax, which is the target of a fledgling effort to repeal it on the 2014 ballot, as the Massachusetts Taxpayers Foundation and others worry that it could drain as much as $500 million from the Bay State’s high tech field — much more than the $161 million lawmakers say it was intended to generate.
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OUR OPINION: Legislature should repeal the tech tax

Aug 14 2013

The Patriot Ledger

Michael Widmer, president of the MTF, called the new tax “the most anti-competitive piece of legislation in my 21 years as head of the Foundation,” predicting it “will cause incalculable damage to job creation and the Massachusetts economy.”
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Op-Ed: The tech tax squeeze

Aug 13 2013

By Tom Keane, The Boston Globe

The Massachusetts High Technology Council and the Massachusetts Taxpayers Foundation have now joined forces to push for repeal. Their plan is to put a referendum on next year’s ballot, and — to prove how serious they are — they’ve engaged heavyweight lobbying firm Rasky Baerlein to manage the process. My guess is that early polls will show repeal has a lot of popular support, particularly as voters start to figure that this new tax is just the nose under the camel’s tent — first comes high tech, but pretty soon, greedy political eyes will alight on everyone else. One can easily see this become a defining issue of next year’s campaign.

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Editorial: Tax now, define later?

Aug 13 2013

The Gloucester Times

This morning, a cadre of business and political leaders, including representatives from the Massachusetts Taxpayers Foundation and major North Shore employers, will gather in Danvers to try to figure out how to respond to the Legislature’s newest and most bungled tax initiative yet. That, of course, is the new 6.25 percent sales tax on computer services — a tax tucked into the recently passed state transportation bill that’s aimed at “certain services relating to computer system design and to modification, integration, enhancement, installation or configuration of standardized or prewritten software.”
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