Word: gallucio
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...understand the issues that Senator Gallucio raised, and we look forward to working with the senator and the entire local elected delegation to address those concerns,” said Kevin A. McCluskey ’76, Director of Community Relations for Boston...
...sciences firms. The bill will have significant impacts on university-based and urban economies including Cambridge and Boston which both have burgeoning biotech industries. Newly elected Massachusetts State Senator Anthony D. Galluccio, who represents Cambridge, wrote a letter to the Cambridge Chronicle earlier this month strongly supporting the legislation. Gallucio praised the bill as a means of anchoring the middle class, generating tax revenue in the local economy, and making Massachusetts a national leader in biotech industry and education. “The governor’s life sciences bill establishes the Commonwealth’s ownership and protection...
Harvard and MIT “have very well-healed real estate arms, and they’re operating as corporations with enormous endowments,” Gallucio said in an interview last night. He said the measures would send “a strong message that our taxpayers are getting hit across the city,” and that “it’s just not acceptable” for Harvard and MIT to shirk their tax burden...
...Gallucio said that in the past, the University has only periodically increased its payment-in-lieu-of-taxes as a “quid-pro-quo” for city concessions on development issues. But he said the city and the University need to agree on a “more dignified process” in which Harvard’s payments rise in step with homeowners’ tax bills...
Unless the city can secure new funding from its universities, Gallucio said, Cambridge faces “a strong concern that we could be taxing out seniors and middle-income homeowners...