... Revenue tailspin not strong enough to require corrected budget submission, Baker team says ...... Increase over first two weeks of June leaves tax revenues up 1.4 percent with two weeks left in fiscal year ...... Senate sends "amend and improve" bill to pot talks with the House ...... On pot, it's House's repeal-and-replace bill versus Senate's amend-and-improve proposal ...... Workforce development will be focus of $500 mil life sciences investment, Baker says ...... Baker: there's a "whole series of initiatives" to address fiscal 2017 revenue shortfall ...... Baker signs bill authorizing Somerville to borrow up to $50 mil to pay for costs of Green Line Extension ...... Unemployment rate rises for fifth straight month, state officials say labor force growing ...... ...
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DUKAKIS: CLOSING TAX "LOOPHOLES" COULD SEAL STATE BUDGET PATCHES [+AUDIO]

By Andy Metzger

STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, JUNE 28, 2016....Former Gov. Michael Dukakis said Tuesday he wasn't surprised by the state's souring tax revenue picture, describing the state as "patching things together" in its budget in the past couple of years.

The Brookline Democrat and Northeastern University professor suggested closing tax "loopholes" could solidify the state's revenues without damaging the business climate.


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