Word: welds
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BOSTON--Governor William F. Weld '66 and the business community are fighting the perception that a tax break for Massachusetts businesses is a sop to large companies...
...Weld said yesterday that a "single sales factor"--taxing businesses only on their in-state sales--would keep jobs in Massachusetts, attract more to the state and help stabilize the economy...
...Weld said the lower cost to businesses would allow them to expand and hire more employees, therefore boosting the economy...
...This so called single sales factor would reward those companies that expand their operations in Massachusetts and then export the goods and services that they provide to the universe outside Massachusetts," Weld said...
...Weld urged the committee not to water his bill down with a couple of proposals floating around the Statehouse...