Left In Lowell

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November 19, 2008

Prosperity and Massachusetts

by at 11:11 am.

Imagine if we had abolished the income tax in Massachusetts two weeks ago. Our chances to headline lists like “Best ‘New Economy’ State” would be next to nil.

One of our biggest strengths here is our higher education system, and our investment in new economic opportunities for self-starters. You can’t do that if you slash 40-70% of revenues to the state which helps foster this. People start businesses here (despite the higher cost of living) because they are supported here.

Hopefully the investments in up-and-coming fields such as clean energy, nanotech, and biotech will keep us in this number one position for a long time.

2 Responses to “Prosperity and Massachusetts”

  1. joe from Lowell Says:

    I don’t understand these people who say that we should be more like Mississippi and less like Massachusetts, on theory that it will make our economy stronger.

  2. Josh Says:

    Yea, good thing we kept the income tax so those of us who don’t happen to be in the “new economy” industries can subsidize the minority of people (alreadying making good money by the way) who have those jobs.

    Only in Massachusetts is taxing regular people to fund corporate welfare get passed off as “progressive.”

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