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Fiscal Year 2009 Tax Reform Proposals
Recently, both the Governor and the Speaker of the House have announced their support for tax policy reforms aimed at reducing corporate tax avoidance. Both have also proposed using revenue raised by reducing tax avoidance to pay for a corporate tax rate cut. The rate cut proposed by the Speaker would be significantly larger and would begin sooner than that proposed by the Governor. This MassBudget Brief describes these two proposals and some alternatives.
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