Posted on 08/29/2013 12:17:59 PM PDT by ThethoughtsofGreg
With a pool of tech-focused firms and a slew of graduates from top-notch universities like MIT and Harvard, it’s no surprise that Massachusetts is home to a flourishing tech economy. What is surprising, however, are recent tax hikes targeting this sector of the economy, which is recognized as the state’s saving grace amid high unemployment rates and languid economic growth.
Legislation passed last month—referred to as the “tech tax”—levies a 6.25 percent tax on software sales and services in order to raise the required funds to pay for roads in need of repair. The legislature expects the tax to raise $161 million in revenue, but many disagree with that estimate.
(Excerpt) Read more at americanlegislator.org ...
The Law of the Leech: If something looks health and juicy, suck its blood. This policy is an example.
Hen! Give us all your golden eggs. NOW!
“The Law of the Leech: If something looks health and juicy, suck its blood. This policy is an example.”
Yep, for sure. Come on down to Texas. We have a thriving tech sector here as well. Heck you can even bring your MIT and Harvard grads - just leave any of them who are libs/socialists back in the People’s Republic of Massachusetts please. God Bless Texas!
“Boston” apparently is what “Detroit” sounds like when pronounced with a New England accent.
Beautiful! A tech firm doesn’t have a big infrastructure investment. They can leave the state in a day and set up elsewhere. They don’t even need to move their coders and staff. Most techies can telecommute to work and stay in their homes.
The exodus will be wonderful for other states.
Which would pay for about 10 miles of new roads in insane public union Massachusetts.
Call centers moving over NH line.
“I know! Let’s throttle the golden goose!”
“Call centers moving over NH line.”
They are now moving? You suspect they will move? They have announced they’re moving? (I’m surprised there are any call centers in the US.)
Later
I know the source is dubious, but the general info may be legit
http://content.time.com/time/business/article/0,8599,1977027,00.html
earmarking a tax for roads violates the state constitution just like when they say they are raising the gas tax for “Crumbling roads and Bridges”.
Hey y’all! Move to Georgia! We won’t target you for anything except, maybe, tax breaks!
I saw where Georgia is the most expensive state to own a car in. What’s up with that?
http://www.usatoday.com/story/driveon/2013/08/23/driver-cost-bankrate/2690609/
One thing that they haven’t figured out yet is that you don’t kill the host.
Really crappy commutes and I-285 I do 37 miles each way (but don’t have do I285!). Had a friend who did over 90 miles each way before he moved.
Don’t build in or close to Atlanta and you’re golden.
Does “software” include games?
Begging companies to leave, Mass?
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