In The News: Taxes

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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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Our view: Time for Legislature to listen on software tax

Aug 13 2013

The Salem News

The North Shore Chamber is not alone in its opposition to the new tax. An initiative petition to put repealing the tax on the 2014 ballot appears to have enough signatures to pass early hurdles; what’s more, it has the support of executives from the Massachusetts High Technology Council, Staples and BJ’s Wholesale. The Springfield chamber is on board, as well.
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Mass. ‘tech tax’ could hit N.H. businesses

Aug 13 2013

By Bob Sanders, New Hampshire Business Review

The so-called “tech tax” – an extension of the Massachusetts sales – is a hot topic in Boston and the high-tech corridor surrounding it. The Massachusetts Taxpayers Foundation has called it the “most onerous computer and software services tax in the nation.” Last week, the Mass High Tech Council joined a petition effort to repeal the tax with a measure on the state’s November ballot. The Boston Herald reports that most Boston mayoral candidates denounced it.
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