Governor Patrick now concedes it was a bad idea and it appears that the so-called tech tax will be repealed. Repeal will leave a $160 million hole in state transportation funding. But that hole need not be filled exclusively by new revenue. It can be filled by savings, revenue, or a combination of the two, and Pioneer Institute research shows there are plenty of savings to be had from a series of reforms.
Download Report: Massachusetts’ Technology Tax an Unnecessary Detour