MassBudget: After the Tech Tax Repeal: Remembering the Big Picture
Massachusetts Budget and Policy Center
After the Tech Tax: Remembering The Big Picture
In order to strengthen our economy and improve the quality of life in Massachusetts, the FY 2014 budget included new investments to fix and improve our transportation system and to make higher education more affordable.
One of the things that made such investments possible was $160 million in new revenue from a "tech tax" that covers computer design services and the modification of pre-written software. It now looks as if the "tech tax" is going to be repealed, without being replaced now by a new ongoing revenue source. In the longer term we are likely to see an ongoing debate in our Commonwealth about how best to pay for important investments in transportation, education, and other systems that play a critical role in helping people reach their full potential and enhancing the future prospects for our economy.
The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts.
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BOSTON, MA 02108
Massachusetts Budget and Policy Center | 15 Court Square | Suite 700 | Boston | MA | 02108