In The News: Corporate Tax

View more in Corporate Tax

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

Does budget run afoul of Baker push for no new taxes?

Jul 8 2015

By Bruce Mohl, CommonWealth Magazine

Christopher Geehern, executive vice president of Associated Industries of Massachusetts, said his organization was deeply disappointed with the Legislature’s decision to repeal the corporate tax deduction. He said AIM, the Massachusetts Taxpayers Foundation, the Massachusetts Business Roundtable, and the Greater Boston Chamber of Commerce plan to write a letter to the governor urging him to veto the provision.
Full article
Forward to a friend

Governor Deval Patrick’s hits and misses

Dec 17 2014

By Shirley Leung, The Boston Globe

When all is said and done,under Deval Patrick, businesses collectively pay at least $150 million more annually in taxes, according to Michael Widmer, president of the Massachusetts Taxpayers Foundation.
Full article
Forward to a friend

Proposed tax increases a concern for Mass. businesses

Mar 24 2013

By Jay Fitzgerald, The Boston Globe

The governor wants to eliminate that exemption to raise up to $285 million in new revenues, according to estimates by the Massachusetts Taxpayers Foundation, a business financed research group in Boston.
Full article
Forward to a friend

Obama Campaign Mounts New Assault on Romney’s Record as Massachusetts Governor

May 30 2012

By Jake Tapper, ABC News

But as Factcheck.org notes, the “Massachusetts Department of Administration and Finance says that fee increases during Romney’s tenure added up to $260 million per year, with another $174 million raised from closing some corporate tax ‘loopholes.’ The independent Massachusetts Taxpayers Foundation puts the revenue total of fee hikes and tax loophole-closings at between $740 and $750 million a year.”

Full article
Forward to a friend

Job picture mixed under Romney

Oct 2 2011

The Advertiser / AP

Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation, described Romney's jobs record as "mixed," saying Romney failed to take the long view in his planning. "The administration never really put together an overall economic development strategy to improve the state's economic competitiveness," he said. "They did bits and pieces but they never really had an overall game plan."
Full article
Forward to a friend

Seeking Taxes, Romney Went After Business

Oct 2 2011

By Michael Barbaro, The New York Times

However, by 2005, when Mr. Romney proposed his third round of corporate tax loophole closings, “frustrations had reached a boil,” said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation.
Full article
Forward to a friend

State officials defend business tax breaks despite some failures

Jul 20 2011

By Chris Camire, The Lowell Sun

Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation, believes broad-based tax incentives are crucial to the state's economy. He is dubious, however, of grants and tax breaks that are awarded to individual companies. "I think it's highly risky to pick selected companies, like an Evergreen Solar, and bet on them," said Widmer. "In the case of Evergreen, they had never even earned a profit, and the state committed $58 million to them. That's a huge risk."
Full article
Forward to a friend
See our site policy on external link content.