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Alaska covers fewer kids with public insurance vs. 2019; Judge Cannon indefinitely postpones Trump's classified docs trial; Federal initiative empowers communities with career creation; Ohio teacher salaries haven't kept pace with inflation.

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Former Speaker Paul Ryan weighs in on the 2024 Presidential election. President Biden condemns anti-semitism. And the House calls more college and university presidents to testify on handling pro-Palestine protests.

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Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Local Business Owners Want Tax Loopholes Plugged

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Monday, February 26, 2007   


Some local business owners want a few corporate tax loopholes plugged. They're backing a proposal by Governor Patrick called "combined reporting," claiming it would result in a multi-million dollar windfall for the state.

Currently, large multi-state corporations are able to shift funds around, declaring their profit in states with lower taxes, while locally owned businesses pay all of their taxes in Massachusetts. Laury Hammel, owner of The Longfellow Clubs, says Patrick's proposal would even the playing field.

"Over half the retail volume in our state is done by local, small, independent businesses, not the big corporations. And I don't see why the big corporations should be getting an unfair advantage. If they're doing business in the state, they should be paying the same taxes that I'm paying -- and to my understanding, they're not. I don't see how that can possibly benefit me, or our economy, or our state."

Seventeen states already require combined reporting. Estimates are that it would save Massachusetts about $130 million annually.



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