Home About Archives RSS Feed

House Repeals 'Tech Tax'

Staff Reports

BOSTON — The House of Representatives on Wednesday repealed the much maligned "tech tax" that had been part of the revenue package in this year's state budget.

The addition of the 6.25 percent sales tax to software and computer design services had been estimated to raise $161 million this fiscal year but ran into trouble when no one could adequately explain how it would be implemented. The state's high-tech industry revolted, saying the tax would cost jobs and that its wording was too vague.

"I'm proud of the House's vote today to repeal the so-called tech tax. Our vote sends a strong message to the world that Massachusetts is the place for innovators to succeed and thrive," said House Speaker Robert DeLeo.

"Because jobs and economic growth are central to the House's agenda, I promised to listen to business leaders and House members on what the tax's impact would be when this measure was initially passed. After listening, we learned of the burden of this tax. Our strong commitment to business and the innovation economy led to its repeal."

The vote was 156-1. The Senate is expected to vote for repeal on Thursday.

0 Comments
     

Support Local News

We show up at hurricanes, budget meetings, high school games, accidents, fires and community events. We show up at celebrations and tragedies and everything in between. We show up so our readers can learn about pivotal events that affect their communities and their lives.

How important is local news to you? You can support independent, unbiased journalism and help iBerkshires grow for as a little as the cost of a cup of coffee a week.

News Headlines
Cheshire Officials Talk School Heating Issues, Facilities Management
Pittsfield School Committee OKs Comfort Dog Pilot Program
Letter: Religious Liberty and Christian Nationalism
Berkshires Set to Dodge Full Impact of Nor'easter
New Smoke Alarm PSAs Geared Toward Older Adults
Former Pine Cobble Teacher Charged With Assaulting Student
North Adams OPM Search Committee Picks Three Candidates
Medical Matters Weekly Welcomes Certified Hand Therapist
Police Investigating Threat Made at BArT Charter School
Stockbridge Cultural Council Announce 2022 Grants

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
Tags:
Sales Tax Merger Berkshire Living Gas Prices Berkshire Creative Statistics State Jobs Excelsior Berkshire Chamber Of Commerce Unemployment Walmart North Adams Social Media Williamstown Crane & Co. Berkshire Enterprises Small Business Store Opening Adams Qualprint Flood Talkberkshires Unemployment Expansion Currency Statistics Great Barrington Auction Bj's Breakfast Pittsfield Wmeco Sabic Baldwin
Popular Entries:
Super Duper Wally World
Funding Secured For Pittsfield BJ's Wholesale
Pittsfield Jobless Rate at 7 Percent
Excelsior Brings Greeting Card Co. To North Adams
Baldwin Brings Berkshire-style Talk to Florida
Cranwell Voted Best For Meetings
State Jobless Holds Steady at 7.6%
Business Briefs for December
Chamber Drive Nets Donation for Shelter
Pittsfield Lab To Do 11 Percent of Missile-Building Contract
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move