A PROMISE TO KEEP: 5%
A Ballot Committee of Citizens for Limited Taxation

 

The Boston Herald
Friday, September 28, 2000
Business

High Tech hears tax plan:
Gov. pitches rollback proposal

by Tom Kirchofer


Gov. Paul Cellucci took his campaign for a tax rollback to the state's technology community yesterday, plugging his plan in a closed-door meeting of the Massachusetts High Technology Council.

"(Tech companies) are all looking for workers because the economy's going so well and unemployment is so low," Cellucci said after yesterday's meeting of the council's board of directors. "To the extent that we're the fifth-highest taxed state in the country, that makes it more difficult for them."

The high technology council backs the governor's tax cut plan because it feels lower taxes will improve the state's business climate, said Chris Anderson, the council's vice president.

"We view Massachusetts as a product that competes with other states," he said. "And our tax burden in Massachusetts right now is the fifth-highest in the country."

The technology council's membership list includes dozens of the state's top technology and financial companies, including Boston Scientific Corp., EMC Corp., Analog Devices Inc and FMR Corp., the holding company that controls Fidelity Investments.

Cellucci's tax cut proposal will be put to voters on election day in the form of ballot Question 4. It would reduce the personal income tax to 5 percent.

Critics have accused Cellucci of pandering to voters' pocketbooks on the tax cut issue, and some experts have questioned the wisdom of boosting the economy with a tax cut when it's already running hot. Cellucci will debate Senate President Thomas Birmingham over the tax cut on Oct. 30 in a forum sponsored by the Herald and WCVB-TV.


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