Mass. revenue drop ‘worst in 50 years’

Jul 8 2009

By Ted Nesi , Providence Business News

"June is the final exclamation point on this unbelievably bad year,'' Michael J. Widmer, president of the business-backed Massachusetts Taxpayers Foundation, told The Globe. "This is the worst year-to-year tax drop ... in more than 50 years. Maybe ever.'' He predicted the state will suffer four years of budget cuts.
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