In The News: Economy

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HEDLUND REPORT: It’s their party and they’ll tax if they want to!

Aug 6 2013

By Senator Bob Hedlund, Wicked Local Marshfield

The most foolish of all the latest tax increases that is sure to have the most negative impact is the new 6.25 percent sales tax on computer system design services and software services. Michael Widmer, president of the Massachusetts Taxpayers Foundation, said it best when he warned the Governor and Legislature that “State leaders could hardly have chosen a more perfect tax to undercut the future of the Massachusetts economy. This is the most sweeping computer and software services tax in the nation. It strikes at the heart of the state’s innovation economy and will stifle job creation for years to come.”

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Massachusetts Foists Software Service Tax on Local Business

Aug 5 2013

By Christine Parizo, Internet Evolution

Massachusetts Taxpayers Foundation has said in published reports that the tax could actually raise $500 million for the Commonwealth -- and cost Massachusetts, a hotbed of technology companies, quite a few jobs. In addition, implementing it so quickly will also take a toll on technology companies, particularly smaller systems integrators and independent consultants whose bread-and-butter clients are located in Massachusetts, as well as strain the resources of healthcare providers who often need customized software to, for example, ensure that hospital beds are provisioned efficiently.

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Mass tech tax stirs unease over impact, application

Aug 4 2013

By Andy Metzger, Eagle Tribune

Lawmakers are eyeing a new revenue source that Massachusetts Taxpayers Foundation President Michael Widmer has warned could generate $500 million, far more than the $161 million estimate lawmakers attached to their tax hike.

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New Mass. green jobs numbers questioned

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Oct 7 2012

By Priyanka Dayal McCluskey, Worcester Telegram & Gazette

Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, said he was struck by what the report counted as job growth: It included newly created positions as well as employees in existing jobs to which clean energy responsibilities were added. Of the 7,213 “new” jobs added over the past year, 26 percent were existing positions, according to the report.
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Romney Takes Liberties With Claims About a Bipartisan Past

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Oct 5 2012

By Michael Wines, The New York Times

“Our numbers on revenue are that he raised about $750 million annually — $375 million from fees and $375 million from corporate taxes,” said Michael Widmer, president of the nonpartisan Massachusetts Taxpayers Foundation.
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Tax Breaks And Paybacks: TIFs Cost Communities, Yet Officials Embrace Long-Term Values

Sep 17 2012

By Emily Micucci, Worcester Business Journal

Michael Widmer, president of the Massachusetts Taxpayers Foundation, thinks cities and towns have generally awarded TIFs to worthwhile projects, but he said the projects raise an important question.
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As governor, Romney faced similar economic situation as Obama -- with similar results

Sep 5 2012

By Michael Rezendes and Megan Woolhouse , The Boston Globe

“In broad strokes, he did pretty much what every other governor has done -- he raised revenues and cut spending,” Widmer said. “It’s probably the right thing to do, to have a balanced approach.”
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Did Mitt Romney's Massachusetts rank 47th in job creation?

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Sep 4 2012

Tampa Bay Times / PolitiFact

And it's likely that Massachusetts emerged more slowly from that recession because its pre-recession numbers were disproportionately inflated by the technology bubble, said Michael Widmer, president of the Massachusetts Taxpayers Foundation, an independent group that analyzes fiscal trends in the state.
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For immigrant students, college is a step closer

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Sep 3 2012

By Jo Kadlecek, The Salem News

A 2006 study by the Massachusetts Taxpayers Foundation concluded that the state’s public colleges would gain millions of dollars if undocumented immigrants were allowed to attend at in-state tuition rates.
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Ryan Accused of Distortions by Obama’s Team, Fact Checkers

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Aug 31 2012

By Phil Mattingly and Heidi Przybyla, Bloomberg News

Facing a $650 million budget shortfall when he took office, Romney proposed an array of spending cuts and fees to close the gap. He ended about $375 million in tax breaks and added $375 million in fees used to balance the state budget --or $750 million in annual new revenue, according to the Massachusetts Taxpayers Foundation, a nonprofit research group in Boston.

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