Top Massachusetts business leaders and retailer advocacy organizations fiercely condemned Ballot Question 1 during a virtual press conference Wednesday, arguing the so-called Fair Share Amendment or millionaires tax could weaken the commonwealth’s competitive edge and disproportionately harm owners of mom and pop shops.
Ballot Question 1 would impose a 4% surtax on all income exceeding $1 million, with the Massachusetts Legislature tasked with appropriating the new pot of money to education and transportation spending. Supporters of the referendum, which would translate into a constitutional amendment, say the tax forces of the state’s wealthiest residents to pay their fair share, while redirecting money to vulnerable communities and infrastructure needs.
Yet opponents — including the Coalition to Stop the Tax Hike Amendment, which organized the press conference — claim the tax could be detrimental and erode people’s nest eggs when triggered by one-time earnings, such as the sale of homes or small businesses.
Read more: COVID mandate: Nearly 50 fired Mass. state workers could be rehired
Jim Rooney, president and CEO of the Greater Boston Chamber of Commerce, warned Ballot Question 1 could spur long-term negative consequences for the state’s business ecosystem and drive talent elsewhere. That’s in the context of an out-migration among residents and businesses already underway here, Rooney said, particularly as cities and states are “openly competing for talent, for firms, for business units.”
“If this passes and we become less competitive further, would a start-up like DraftKings happen in Massachusetts, or might they decide, ‘You know what, the
The company formerly known as Compuware Corp. is leaving the downtown Detroit office tower its co-founder built in 2003 for space in the suburbs that’s a fraction of its current footprint.
It’s the latest sign of an office market shakeup triggered by the COVID-19 pandemic.
A source familiar with the matter said BMC Compuware, which is now owned by Houston-based BMC Software Inc. after a June 2020 acquisition, has not renewed its lease in the 1.3 million-square-foot trophy building at 1000 Woodward Ave. that today is called One Campus Martius.
That lease is for 58,000 square feet, according to CoStar Group Inc., a Washington, DC-based real estate information service.
Another source briefed on the matter said Compuware is taking about 10,000 square feet in the 2000 Town Center high-rise in the Southfield Town Center office complex off the John C. Lodge Freeway/M-10.
Peter Karmanos Jr., who co-founded Compuware in 1973, moved the company from Farmington Hills to the new downtown Detroit building, which cost some $350 million to build. It was a major employment victory for the city at the time and not long after, another new office building was built nearby and Dan Gilbert began buying up old buildings, ushering in a renewed corporate interest in downtown.
Emails were sent to BMC seeking comment on Friday, Monday and Wednesday. Dan Gilbert’s Detroit-based Bedrock LLC, which owns One Campus Martius, declined comment Tuesday.
Transwestern manages the Southfield Town Center on behalf of New York City-based 601W Cos., which paid $177.5
A man is facing a murder charge after he shot and killed another man outside a Greenville County business, according to the Greenville County Sheriff’s Office. The shooting happened about 3:30 on Oct. 5 outside the 2 Door Lounge on Piedmont Highway near Shackleford Road. The victim was found after a Greenville County sheriff’s deputy heard gunshots and went to the parking lot. The deputy found a man in a parking lot who had been shot at least once. The victim was identified as Jonathan Taylor Jr. Deputies said Kevin Lakeith Dunham, 42, is charged with murder after he shot Taylor outside the business. Dunham was arrested in Dillion County on unrelated charges shortly after the shooting took place and was taken to the Greenville County Detention Center on Tuesday.
PIEDMONT, SC —
A man is facing a murder charge after he shot and killed another man outside a Greenville County business, according to the Greenville County Sheriff’s Office.
The shooting happened about 3:30 on Oct. 5 outside the 2 Door Lounge on Piedmont Highway near Shackleford Road.
The victim was found after a Greenville County sheriff’s deputy heard gunshots and went to the parking lot.
The deputy found a man in a parking lot who had been shot at least once.
The victim was identified as Jonathan Taylor Jr.
Deputies said Kevin Lakeith Dunham, 42, is charged with murder after he shot Taylor outside the business.
Dunham was arrested in Dillion County on unrelated charges shortly after the shooting