Does Massachusetts Have Too Many Tax Breaks?
Does Massachusetts Have Too Many Tax Breaks? At least one panel seems to think so, the Globe reports. The Tax Expenditure Commission, a task force of elected officials and policy makers, will ask Deval Patrick and the state legislature to reduce the number and amount of tax exemptions being offered by the state. Mark Robyn, an economist, says: “If you have a system with lots of tax deductions, people are going to waste a lot of time and effort trying to fit into those special provisions.” Mark Cuban, a billionaire, says: “Get out there and make a boatload of money. Enjoy the shit out your money. Pay your taxes. It’s the most patriotic thing you can do.” [Boston.com | Blog Maverick]
Assaulted MBTA Bus Driver Who Pushed Back Is No Longer an MBTA Bus Driver. Kevin Nazaire lost his job after a passenger didn’t pay her fare, became unruly, and threatened to cut him or have someone beat him up. “I felt a sharp object poke me. Before she could poke me further, I pushed her away from me. I didn’t want to harm her and I didn’t want her to harm me,” says Nazaire, who feels he was wrongfully terminated after the incident. “There’s no training for that, no training. Just call the authorities.” [WCVB]
Scratch That: NStar Gives Money to Low- and Fixed-Income Residents. Mayor Menino announced that NStar’s charitable foundation has donated $10,000 to low- and fixed-income families that lost power during the Great Boston Blackout of last week. But what we said yesterday about the MBTA still stands. [Fox]
Prosecutors Believe Catherine Greig Has ‘Significant Assets and/or Funds’ … and this doesn’t mean $800,000 in cash hidden in the wall of her apartment. [NYT]
Massachusetts Ranks Third for Entrepreneurship Growth. The state’s percentage increase in entrepreneurship over the past decade is third to only Nevada and Georgia, according to the Kauffman Index of Entrepreneurial Activity, which was released yesterday. In the Boston area, there were 260 entrepreneurs per 100,000 adults in 2011. [Herald]