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Mass. considers corporate tax increase to bolster public services

April 5, 2025
With federal cuts to public services looming, Massachusetts lawmakers are weighing a corporate tax hike targeting multinationals like Amazon and Apple. Backed by a broad labor and health care coalition, the proposal aims to close offshore tax loopholes and reclaim millions in lost revenue. Advocates say it’s a matter of fairness—and that tapping the state's $9 billion rainy day fund could soften the blow.

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