The goal of the Massachusetts High Technology Council is to help make Massachusetts the world’s most attractive place in which to live and work, and in which to create, operate, and grow high technology businesses.
Achieving this goal will:
- expand and improve job opportunities for Massachusetts citizens throughout all sectors;
- increase the productivity and well-being of all Massachusetts businesses and citizens and will expand tax revenues to aid the disadvantaged, protect the environment, rebuild the state’s infrastructure, and provide support for educational, medical, and cultural institutions.
The Role of Government
We believe Massachusetts’ state and local government should create an environment and attitude that encourages innovation and business growth, and enact public policies consistent with that objective.
Government should refrain from targeted subsidies and direct investment in private enterprise but instead should invest in infrastructure, research, human resources development and development and services that will benefit all business and institutions, public and private.
Fiscal Issues-Cost Competitiveness
We believe the share of our personal and corporate income, including payroll taxes, to fund the Commonwealth’s budget must be competitive with other states. Since all taxes are ultimately borne by individuals, the distribution of the tax burden between corporations and individuals misses the central point. In fact, efforts to disguise unrealistically high taxes by collecting them through corporations will result in inflated prices, loss of competitiveness, and damage to the economy.
Education Issues-Talent Development
We believe the business community must assume a leadership role to ensure that the quality and cost of education are competitive and that education outcomes meet the needs of society.
The socio-economic future of Massachusetts will be determined by the quality and relevance of its public and private education system, from kindergarten through graduate school. Massachusetts high technology companies are especially dependent on an education system that is responsive to the needs of an increasingly technology-based economy.
State government plays a vital role in sustaining the competitiveness of industry and the well-being of its citizens. The High Tech Council believes that when the leadership of the state’s high tech companies work together, we can be far more effective in building constructive relations with State government and in enacting policies that are conducive to economic growth. We believe in the power of collaboration and continue to work with other like-minded organizations in shaping and delivering our recommendations and advocacy.