DISQUS

JasonW · 1 year ago

Huh?

This isn't a shot in the dark. Biotech is growing fast, and almost every state in the country is trying to get that business home.

Maryland just put together a $1.1B package. California, already the leader, pledged $3B in stem cell research. Texas passed $3B for cancer research. Georgia is putting up millions, and will also be the home to the National Health Museum.

We can praise tax cuts from the right as supply-side stimulation, and blast tax cuts from the left by making fun of Jonestown, but it's not always that simple. Let's remember this conversation the next time we start complaining about people leaving Massachusetts and being left behind the rest of country.

Stephanie Mulch · 1 year ago

Spoken by a true Republican.

jacrlsn · 1 year ago

Comments 1 & 2 above point out why we elect politicians who have their hands in our pockets and/or are elected while in jail or are going to jail or should be going to jail. If we believe the crap they say then the Governor is right "together we can" go straight to tax hell.

JasonW · 1 year ago

@Jim Carlson
I'll let you in on a little secret: every politician you or I or anyone will ever elect in this country will need to spend money to get things done.

If you have an objection to this particular topic, why not give us some insight? Let us know what you think about trying to bring biotech companies to Mass?

It's a little more difficult than just spewing out the same tired divisive catchphrase-laden comments, but it may be a bit more constructive.

jacrlsn · 1 year ago

JasonW, Are you by any chance a relation to Michael Cook?
Of course they will have to spend money. The question you should be asking by now is;is it the right amount or is it more than they have?
In regards to your biotech question, a billion dollsrs or not , the biotech executives are going to think twice before coming to "Taxachsetts" or staying in "TAxachusetts" if they happen to already be here.

StemCell · 1 year ago

Jim, have you been in Cambridge lately, have you seen the transformation of Central Square, do you know how many biotech startups are along 95, when was the last time you visited Cummings Center, what this packet is for is not to lure the companies here but to keep them here, they are here already, they came because of the huge pool of talent in the local schools and those schools are still pumping out the new bright lights. Biotech is beconming a big slice of the pie, take the money away from the oil companies or at least stop giving them so much, fund the new industrial revolution, and if your lucky they might come up with something that will keep you alive to see it

jacrlsn · 1 year ago

#1 I avoid the Peoples Republic of Cambridge at all costs.
#2 yeah they replaced all the computer companies thay went out of business,
#3 I worked in the Cummings center for 6 years and USM for 22 years before that. All the firms paying rent to Cumming still don't employ as many people as USM did. Its great but still not enough.
#4 yeah and out genius legislatore want to take 2 and a half percent per year of the endowments of the colleges that create that pool of talent.
#5 yeah and maybe not too.
#4 and a half. sounds like a good socialist scheme.

Jules Gordon · 1 year ago

The Governor goes to California with 1 billion dollars in his pocket and wins a biotech version of an Oscar. Everyone was impressed. (How hard is that with $1,000,000,000 give away cash?)
That money will go the same place as the Big Dig money.

No ones coming here unless there is a GOOD reason; a technically trained labor supply (no factory work here.), a business friendly political environment (we have a one party state looking to close business loop holes and find other sources of revenue) It would be nice if the citizens of this state would not be fleeing for places elsewhere.

Why should anyone come here, when we aren't staying.

There's lots more, but why bore you?

JasonW · 1 year ago

Yes, we know that there is a heavier tax burden in Mass than some other states. That's one of the reasons why this package was put together! To include tax credits and capital improvement money to ease that burden.

As I've mentioned before, Gov Patrick wasn't and isn't the only one marching around with a large incentive package. There is a lot of potential in biotech, and everyone is trying to lure that industry here.

It's a terrible attitude to just say that everyone is leaving Mass, so why should anyone come here. Should we just give up? Stop trying to get new business in? Stop fixing roads and railways? Keep flights out of Logan? Tell all of the universities to relocate?

@Jules Gordon, I'm certainly not bored, keep them coming. Anything, really.

jacrlsn · 1 year ago

Just whose tax burden is being eased? Someone's taxes have to go up if bio-techs' goes down. stem cell says they're already here, are they or aren't they?
The politicians won't give up as long as we keep feeding them.
Apparently we (the government) gave up fixing roads sometime ago, but they sure spent the money budgeted for road maintenance. If we tax 2 and 1/2% of a Universities endowments, we are telling them to relocate.
DOWN WITH THE STATE INCOME TAX!!!! If they don't get it they can't spend it.

mike cook · 1 year ago

so, what's with the trib's blogs?

I've been busy working, but there's not been anything new here in almost a month!

I guess I'll have to find some place else to try and cause some mischief

Harry Birmingham · 1 year ago

Mike Cook - I, too, ask what is with the blogs. I agree with your statement to try causing mischief some where else . I could be kidding but then....