Word: abt
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Dates: during 1980-1989
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...council, which had supported the measure 7-1 a week ago, voted 5-3 against the proposal, after Clark Abt, president of Abt Associates, a Cambridge consulting firm, said he would probably move his firm out of the city if the tax was "pursued...
...Abt said that at least ten other presidents of consulting firms in the city shared his sentiments. Councilors Walter Sullivan, Alfred E. Vellucci and Mayor Francis H. Duehay '55 switched their votes on the issue from a week ago. Councilors David Wylie, Saundra Graham and David Sullivan were the only councilors who continued to support the bill...
...Abt, who said the tax would cut the company's profits in half, said the excise would "force many of these enterprises to leave the city...
...Damage has already been done to the confidence of the research and professional businesses," Abt said, adding that "the damage can still be reversed if strong action is taken...
...Cambridge is a world leader in this field; to have our field discriminated against by our own city council comes as a shock," Abt said...