WEEKLY RECAP: The auto industry’s rough ride, a sales tax hike, and the Globe...
A bumpy week for U.S. auto industry: The country’s auto industry went on a rough ride this week. General Motors offered the federal government a controlling stake in the company to repay loans while...
View ArticleMassachusetts restaurant industry is poised for a turnaround
It’s hard to find a silver lining in the state’s devastating April tax collections report that was released earlier this week – with income taxes down by more than 40 percent from April 2008 and motor...
View ArticleProposed sales tax increase isn’t a done deal
The Legislature’s proposal to raise the sales tax by 25 percent has been portrayed as a foregone conclusion. After all, the proponents of raising the tax to 6.25 percent from 5 percent have...
View ArticleWEEKLY RECAP: Dog track workers lose bet in Senate, state’s job losses start...
Senate agrees with House on sales tax hike: Bay State consumers could receive a new reason to pinch their pennies by the end of the summer now that the Senate has agreed with the House of...
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State’s sales tax exemptions can get a bit confusing
One of the reasons that legislative leaders gave for the 25-percent sales tax hike that takes effect this weekend has been that the increase’s impact would be muted by the state’s numerous exemptions....
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Boston Fed reveals secrets to New Hampshire’s success: less state spending,...
Fast Tube by Casper I’m regularly asked how New Hampshire pulls it off. You know what I mean: How does this state, known for not having an income tax or a sales tax to sustain its budget, keep from...
View ArticleTax figures show evidence of Massachusetts merchants’ struggle in face of...
The headline numbers sure made it seem like happy times are here again: The state’s tax collections rose 43 percent in April from the same time a year ago and exceeded the official forecast by nearly...
View ArticleBoston ranked as one of the worst places for travel taxes in the country
If you think taxes are high because you live in the metro Boston area, you should be glad you’re not just visiting. It turns out that the tourists and business travelers are the ones who really get...
View ArticleNevada agreement raises hopes that Massachusetts will soon require Amazon to...
What happens in Vegas doesn’t always stay in Vegas – it could actually influence what happens here in Boston. An agreement brokered in Nevada that would allow that state to collect sales taxes from...
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