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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Sunday, March 14, 2010

Give me a break

There's a cautionary tale in Todd Wallack's look at the impact of state programs aimed at keeping business in Massachusetts with tax breaks attached to the promise of new jobs. The message of course, is businesses should be held to their end of the bargain.

The saga of Nortel Networks, its $2 million in state and local tax breaks and the net loss of more than 2,000 jobs -- but not the tax break -- is certainly instructional.

But frankly I'm more cheesed off at the Town of Ware offering $8,000 in tax breaks to a local pizza joint that had no intention of leaving town to begin with. Thankfully for the taxpayers, if not for the competition, they failed to provide a similar break to a competitor.

Lessons like this one -- and whatever tomorrow's installment provides -- should serve as a counterweight to the constant chattering by business about how tough a place Massachusetts is to do business.

And it should serve as a backdrop to Senate President Therese Murray's plan to offer still more business tax breaks.

Methinks Tommy Menino had the right idea for businesses that don't practice what they preach.

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Anonymous cookiejar said...

Well, the government should really do its best to focus on how to help companies in Massachusetts survive this issue regarding tax. I also found an article here at Scragged that connects to this.

March 15, 2010 2:38 AM  

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