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The Boston Globe

Business

Greater Boston Chamber of Commerce unveils recommended corporate tax reforms

The Greater Boston Chamber of Commerce said Thursday that the Bay State’s corporate tax code needs reforming so that Massachusetts can close the competitiveness gap with other states.

The state, the chamber says, has the fifth highest corporate tax burden in the country. According to the chamber’s math, Massachusetts’ corporate tax burden is 0.54 percent as a percentage of private sector GDP --- 74 percent about the national average of 0.31 percent of GDP.

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