MBPC offers an analysis of corporate taxes that removes the issue from speculation and guessing to a more informed picture worthy of review:
Business Taxation: Isolated Statistics versus a More Complete Picture
January 10, 2008
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During the debate over reform of the corporate tax code, many statistics have been used in the effort to describe our current corporate tax system in Massachusetts. This MassBudget Brief puts into a fuller, more complete perspective these isolated statistics discussed in this debate.
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As the data show, when overall business taxes and more meaningful time periods are examined, two trends are clear: overall business taxes in Massachusetts are lower than business taxes in most states, and business tax levels fluctuate with economic cycles, but have trended down.
