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Massachusetts BudgetBoston.com
•Health
Health
65% Informative
Massachusetts advocacy group is working with the state Legislature to pass a Corporate Fair Share bill.
The bill would increase the Global Intangible Low-Taxed Income (GILTI) tax from 5% to 50% .
It would require global mega-corporations to pay the state’s existing corporate tax rate on a higher share of the excess profits they conceal offshore.
Legislators introduced the bill in the state Senate in January .
Wise said that through tax avoidance schemes, large corporations avoid paying their fair share of taxes needed to fund essential services like roads, education, healthcare , and housing — services that these corporations depend on to do business in Massachusetts . Gruman said, “It’s a fairness issue at a very basic level.” Get everything you need to know to start your day, delivered right to your inbox every morning . The post Group behind the millionaire’s tax now wants a billionaire corporations tax appeared first on Boston.com ..
VR Score
71
Informative language
73
Neutral language
29
Article tone
semi-formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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no external sources
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