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Rep. Barber files bill to close corporate loopholes, raise progressive revenue, and fill budget gaps

The Somerville Times
by Office of Representative Christine P. Barber

"Raising new revenue responsibly is a critical tool to support and sustain our recovery," said Rep. Barber. "Revenue the state would receive from recoupling to the GILTI provision could be used to fund our COVID-19 response, as well as our critical needs including equitable education funding, transportation and local services, making our Commonwealth stronger financially in the long-run."

"Our future hangs in the balance as we see billions of dollars potentially drained from schools, mass transit, and the public good" said Marie-Frances Rivera, President of the Massachusetts Budget and Policy Center. "Corporations who are profitable during this time have a moral obligation to pay their fair share and invest in our collective future."

Rep. Barber files bill to close corporate loopholes, raise progressive revenue, and fill budget gaps

 

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