Saturday, April 14, 2007

Close Corporate Loopholes

We've still got a chance to invest in our future and raise needed state revenues for education by closing corporate loopholes, but we need your help. Did you know that the leadership in the State House of Representatives used one-time fixes to close the budget gap instead of closing unfair corporate tax loopholes?

House Leadership rejected Governor Patrick's plan to close corporate tax loopholes - a proposal that would have raised over $600 million next year. For too long, some large corporations have been taking advantage of unintended tax loopholes to avoid paying their fair share in state taxes. The rest of us have been paying the price through increased property taxes, higher fees, and cuts to programs and services. The most important thing we can do to ensure lasting economic success and job creation is invest in health care, housing, and public education. Using money from the rainy day fund to balance the budget now is irresponsible and puts us at risk for even deeper budget cuts during the next recession.

Call Representative Peter Kocot now and ask him to support closing corporate loopholes to invest in our future. You can call him at (617) 722-2000 or email him at rep.peterkocot@hou.ma.state.us.

Remind him that you believe that to have the state funding we need to responsibly invest in education, we need long-term solutions rather than one-time fixes. Urge him to raise new revenue by closing corporate tax loopholes.

Thanks to Neighbor to Neighbor Massachusetts for making us aware of this important campaign. For more information, you can log on to their website at: http://www.n2nma.org/ Thanks to you for your support.

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