JALSA in the Boston Herald on Combating Corporate Tax Dodging

Full article at this link.

Excerpt from Group behind ‘millionaire’s tax’ calls for tax on ‘billionaire’ corporations

The coalition behind the state’s “Fair Share Amendment,” or millionaire’s tax, is pushing for increased taxes on “billionaire global corporations” and calling on lawmakers to use the state’s rainy day fund to bridge any potential budget gap resulting from the Trump Administration’s quest to slash government spending.

The group Raise Up Massachusetts, a collection of more than 100 community organizations, faith-based groups, and labor unions, says that it’s time for the richest companies in the world to start paying their fair share of state taxes and stop hiding their profits overseas.

The call for a change in the corporate tax code comes, they say, as the federal government takes a hatchet to grant and loan programs aimed toward the states and as the state’s budget writers plan for the next fiscal year. [...]

“Massachusetts can protect access to healthcare, food security, education, and other critical public services by doing the opposite of what Trump, Musk, and their allies are doing in Washington,” Cindy Rowe, the president of the Jewish Alliance for Law and Social Action, said in a statement. “We can ask the most profitable corporations in the world, who go to great lengths to hide their US profits in offshore tax havens, to pay their fair share here in Massachusetts.”