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Mass. small business sales mostly won’t trigger ‘millionaire’s tax,’ report finds
Tiny business gross sales in Massachusetts, in the wide greater part of circumstances, would not cause the so-called Fair Share Amendment or millionaires tax, should the contentious ballot query do well at the polls next month, a new report produced Monday finds. Opponents of Ballot Concern 1, which would impose a 4{8ba6a1175a1c659bbdaa9a04b06717769bcea92c0fdf198d429188ebbca09471} surtax on incomes exceeding $1 million, alert that one-time earnings — such as from the sale of firms — could disproportionately harm little enterprise entrepreneurs and their nest eggs as they wrestle with the impact of the referendum. Funding from the tax is supposed to augment transportation and education and learning paying. But only 123 tiny firms offered…
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Mass. business, political leaders ramp up efforts to win new federal health HQ
“Other sites have just one or two points that can make this function,” reported Steve Walsh, chief executive of the Massachusetts Medical center & Wellbeing Association. “There’s nobody else that has all 3.” When this nearby team has been lively considering the fact that May well, the unveiling of the identify and internet site was intended to coincide with President Biden’s stop by on Monday to discuss about his revival of the “Cancer Moonshot” job, to considerably lessen the dying premiums from cancer. Biden sees ARPA-H, which Congress not too long ago funded by which include $1 billion in a federal spending invoice, as a very important element of this…
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Amid Union Square mass thefts, Chinatown small business owner reels from $250,000 burglary
Rosita Young woke up in the early morning hours of Nov. 16 to police officers at her door. Someone had broken into her Chinatown jewelry store on Grant Avenue around 4:20 a.m., and within three minutes, stolen $250,000 worth of goods. Thieves damaged the store’s front gate, door and showcases, police said. To top it off, Young discovered she isn’t able to claim any of her insurance coverage because her policy doesn’t cover thefts at night unless the items were in a safe, she said. “That hurt me so much,” Young said in a phone interview Friday. “I lost a lot.” The theft followed someone breaking a window, but stealing…
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