Patrick Plan Gets Quick Boost

Published Feb 22 2007, 08:07 PM by David S. Bernstein

Today at 2:07pm (according to my email system), Deval Patrick sent out a press release announcing his "Property Tax Relief Plan." Said plan is a tax credit for some home owners with limited income.

To pay for it, the release goes on, Patrick will file a bill to close corporate-tax "loopholes," to the tune of roughly $300 million. A large chunk of that comes from "combined reporting," which is meant to tax income that corporations try to shift to its subsidiaries in lower-tax states.

At 2:32pm, the Massachusetts Budget and Policy Center sent out a press release announcing two new reports about corporate taxation, one finding that Massachusetts's businesses are currently under-taxed compared to other states, and the second explaining the purpose and benefits to a state of combined reporting.

Vilsack Out

Nikki Forms Committee

1 Comments

Peter Porcupine said:

I always KNEW those MBPC boys were quick readers! (It explains how they miss so many details with their Evelyn Wood budget analyses)

February 26, 2007 7:21 PM

Follow the Phoenix

All Blogs

On The Download (2,306)
Talking Politics (1,646)
Laser Orgy (107)
Phlog (1,545)
Outside The Frame (339)
Dont Quote Me (581)

more by David S. Bernstein

The Curse of the Big Dig | March 19, 2010

The Cultural Caucus's big gamble | March 05, 2010

New In The Phoenix -- Culture, Caucus, And Casinos | March 03, 2010

Taxpayers Union Gives 'F' For Tax Cuts? | March 02, 2010

Brian Wallace Goes | March 02, 2010

See all articles by: David S. Bernstein

Latest Comments

Q&A #8: Katherine Clark - A lawyer from the politically connected firm Mintz, Levin running as an outsider?

By capecodder on 03-18-2010 in Talking Politics

RIP Alex Chilton, 1950 - 2010 - It's news out of New Orleans where Chilton had lived for the last 20+ years

By jazzlunatique on 03-18-2010 in On The Download

Gang Starr legend GURU out of coma, issues press release - So, The acknickulous one, you saying Solar is a closer relative to Guru than guru's OWN nephew and...

By dumbass on 03-17-2010 in On The Download

Looking For The Dumbest SXSW Fashion Trends - hahahahahhhaha - I love you Phoenix.

By Meghan on 03-16-2010 in On The Download

Tron Legacy: Serious Business - Haha. All right, fine.

By Maddy Myers on 03-15-2010 in Laser Orgy

Latest Comments from Talking Politics

Patrick Plan Gets Quick Boost

1 Comments

Peter Porcupine said:

Leave a Comment