The Senate president spoke: “So, what you want me to do, James, is manipulate procedures to ensure that there is no vote to repeal your law for one full year. Is that correct?”
“I wouldn’t put it that way, but yes,” I said.
“Done!” Bill Bulger declared.
And with that, Massachusetts became the first state to require certain banks, insurance companies, and publicly traded corporations to disclose what they paid in state taxes. All because tens of thousands of signatures demanding a ballot question convinced business leaders and politicians like Governor Bill Weld that a compromise was better than what might be handed to them in the election six weeks later, when voters weighed in on the measure.
Bulger agreed to back the narrower version of the proposal which still required the disclosure of corporate tax payments. But could a law that horrified corporate leaders — whose money moved Beacon Hill — really survive?
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