Join hundreds of Massachusetts business leaders in charting a course for full recovery.
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Dear State Leaders –
As committed Bay Staters who represent large and small businesses collectively employing tens of thousands of Massachusetts residents, we want the Commonwealth to thrive and we hope to work with you to achieve that goal. As business leaders, we feel compelled, however, to express alarm at tax proposals that we believe would both be harmful to overall state employment and break with historical precedents — and we respectfully urge the legislature to refrain from initiating any tax increase.
There are currently before the legislature numerous statutory and even constitutional proposals to raise taxes and fees on Massachusetts businesses. We believe that the legislature must move in a different direction and refocus its attention on creating the premises for an economic recovery that will support robust job creation for the Bay State’s working men and women.
We believe that the legislature should adopt a do-no-harm approach to Massachusetts’ post-pandemic economic recovery.
At the start of 2020, just a year ago, the Massachusetts economy was the envy of the Northeast and much of the nation. More of our residents were working than ever before. Individuals and families across the Commonwealth benefitted from historically low unemployment rates that made skilled workers in high demand, provided stronger wages and expanded economic opportunity.
Growing economies at full employment generate robust tax revenues, and even without tax hikes, Massachusetts businesses and workers contributed to recurring state budget surpluses of over $1 billion. The windfall allowed the public sector to further invest in infrastructure and vital services like education, and to build an emergency fund that has not been drawn down in seven years.
Just a year later, hundreds of businesses have closed as a result of the virus and more than 300,000 people who were in the workforce in February 2020 are no longer working. State policy should stimulate, not hamper, our recovery. Additional taxes will make it harder for Massachusetts businesses to get our people back to work — especially as the adoption of remote work has lowered barriers to relocating jobs outside the state.
We are excited to get back to providing the products and services that people want and need. We are heartened to get those who are hurting — our neighbors and friends — back to work. Unemployment rates capture only a slice of the picture; many have stopped looking for work altogether. We want them back working, productive, able to pay their mortgages, rents and bills, and saving for the future.
We appreciate the legislature’s support of our employees at a time of duress, just as we applaud the decision by legislative leaders to lighten the burden of unemployment insurance rate hikes on Massachusetts businesses.
Many surprises await us in 2021 and 2022. Listening intently to the Biden administration’s announcements, we expect significant changes in regulations and tax policy for both individuals and businesses.
With all these changes, what we need most to get people back to work is stability and predictability, including stable state tax policies. The influx of federal money from COVID relief legislation can help avoid the potentially devastating impacts of state tax increases on Massachusetts’ already fragile economy. It is worth noting that the Commonwealth was due to receive $8.3 billion in federal relief in 2021 and 2022, even prior to the recently enacted $1.9 trillion federal stimulus law.
We urge you to make getting Massachusetts back to work your top priority. Jobs enhance the well-being of families across Massachusetts. They are a source of dignity and hope. Jobs and prosperity are what will bring us back to being the envy of the Northeast.
As always, the business community hopes to work in partnership with you as you chart a course toward recovery. We firmly believe that dialogue between the public and private sectors is the best way to arrive at policies that benefit all Massachusetts residents.
Chairman & Managing Partner, Acropolis Advisors
Owner, Boston Psychotherapy Group
Co-founder, Pardon Our Appearance
Richard W Anderson
President, R. W. Anderson & Sons Inc. Builders
President, Anderson Framing & Remodeling
Nancy S Anthony
Chair, Fernwood Council. LLC
Principal, Office Resources Inc.
President, Catania Oils
Member, Home Builders & Remodelers Association of Western Mass
Controller, Westside Finishing Co., Inc.
President & Owner, N.R. Bergeron Drywall Contractor, Inc
Owner, Bent Tree Development
President, PS Berube Construction design-Build inc./ BGL Custom Homes LLC
President & COO, Office Properties Income Trust
President & CEO, Coastal Engineering Co., inc.
President, DDJ Capital Management, LLC
Operations Manager, Semper Diving & Marine Corp.
Chairman, Burr Brothers Boats Inc
CEO, Gilbert Campbell Real Estate
President, Chace Building Supply
Broker/Owner, Mass Properties
President, Chaiss Construction Inc.
Owner, Appleseed Pesonnel Services
President, Oprsystems, Inc.
CEO, Oasis Systems
Owner, Digital Tradesman
President & CEO, Red Hat
President & CEO, The Bank of Canton
President, Greater Newburyport Chamber of Commerce
Owner, Annie’s Gluten Free Bakery, LLC
Owner, Cooperstown Environmental
Retired Executive Director, Greater New Bedford Industrial Foundation
Chairman & CEO, Creation Technologies
Senior Consultant, Baystate Benefit Services
Senior Consultant, Schooley Mitchell
President & CEO, Guttenberg Technology
President, ESG Associates Inc.
Presdient, Stephen Dixon, Inc
President, The Dolben Company, Inc.
Executive Vice Presidnet, Dolben Company
Owner, Sunflour Pastries
Owner, Casa Design Group
Manager, Carruth Capital LLC
CEO, Ballast Lane Applications LLC
President, Electric Time Company, Inc.
Founder, President, & CEO, Optikos Corporation
President & CEO, Sonesta International Hotels Corporation
Owner, AJZ Windmill
CEO, Senate Construction Corp.
President & COO, Diversified Healthcare Trust
President, Tag Heating & Cooling
President, Gaudette Insurance Agency, Inc.
Founder, Goedecke & Co., LLC
President, EXIT Assurance Realty
Account Executive, EBP
CEO, 1A Auto Inc.
Founder, Aspen Square Management
Controller, SMC Ltd.
CEO, Monster Worldwide
President, Foxcroft, Inc.
President, WH Cornerstone Investments Inc.
CEO, Howland Capital Management
President, Capital Risk Management, Inc.
CEO, Cape Cod Lumber Company
CEO, Thayer Scale
HR Manager, Berry Global
Managing Director, Jay Development Corp
CEO, National Lumber
President, 126 Self Storage
Chief Operating Officer, Crystal Engineering
President, Kindred Homes, Inc.
President, Congress Asset Management Company
Executive Officer, Home Builders and Remodelers Association of Massachusetts
Owner, Animal Adventures
Owner, Skyline Homes
CEO, 4Immune Therapeutics
President, Cape Gun Works
President, Tremont Mortgage Trust
VP of Finance, Pulte Homes of New England
President, Fairview Millwork
Owner, Data Destruction Services
President, Pulte Homes
Owner, Northeast Veterinary Partners
Owner, Closets by Design
EVP and Chief Strategy Officer, PTC
President, Nye Lubricants, Inc.
Senior Vice President, Brooks Automation
CEO, Acceleration international
President & CEO, Service Properties Trust
President & CEO, The Norfollk & Dedham Group
Manager, Longwood Group
Manager, Besrev, LLC
CEO, Excelitas Technologies
President & Owner, South Wharf & Cape Yachts
President, Old Boston Restorations Inc
Division Manager, Concord Lumber Corporation
CEO, Travel Centers of America
President, Mission Capital Group
President, PR Restaurants LLC
President, Dwight Realty
CEO, Onto Innovation
President & CEO, The RMR Group
President & CEO, Five Star Senior Living Inc.
Owner, Aaronap Cellars
President, TR3 Solutions
President & Chairman, Fred C. Church, Inc.
CEO, PR Restaurants
President & CEO, Analog Devices Inc.
Manager, Littleton Storage Solutions
Treasurer, Mass Bay Electrical Corp.
VP, Northeast Tool Supply
Partner, Nutter McClennen & Fish
President & CEO, Clocktower Development Corporation
President, Schmalensee Partners
President, VSL Technology, LLC
President, Whittemore Company
President, Shepley Wood Products Inc
CEO, Dalton Electric Heating Co., Inc
Founder, M33 Growth
President & Owner, Triple S Construction Company
Director, Potentia Manufacturing Group
Owner, Owen Jacobs Salon
Chairman, Analog Devices, Inc.
President, IBC Corporation
Arthur J Stock
Founder, New England Cranberry
President, BiltRite Construction Inc.
Vice President, F&L Landscaping Corporation
President, Metro Equipment Corporation
President, Dave Swain Associates
Owner, Ayer Shop ‘n’ Save
Owner, Niklaus Painting and Construction Co.
CEO, M.L. McDonald Sales Company, LLC
Founder & CEO, Pegasystems
President & CEO, Crystal Engineering Co., Inc.
Regional Vice President, Primerica
Chairman, Photovac, Inc.
Co-founder & Managing Partner, WilliamsMarston LLC
President, Woodland Contracting
President, YORK Building & Remodeling
Owner, Pure Italian LLC
SIGNATORIES BY LOCATION
Number of employees represented: 15,645