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          Doing Business with Mass General Brigham

          Join us for our installment of the Pacesetters Doing Business series featuring Mass General Brigham on August 7, 2025.

          08/07/2025

          1:00pm - 2:00pm

          Virtual

          arrow-go
          Read More
        • ...
          BIMA
          2025 BIMA Summer Sizzler

          The BIMA Summer Sizzler is a chance to network with your digital media industry peers from the agency, publisher, and adtech community!

          08/14/2025

          6:00pm - 9:00pm

          Fenway Park

          arrow-go
          Read More
        • ...
          Talent
          Skills for the Future: How to Upskill Early Talent for Success

          Join Boston’s leading educators and industry experts to explore career-aligned high school programs, in-demand workplace skills, and innovative school partnerships driving student success

          07/17/2025

          9:00am - 11:00am

          Omni Boston Hotel Seaport

          arrow-go
          Read More
  • Learning & Development
        • Learning & Development

          • Overview
          • Call for Nominations
          • Insights
        • Transformational DEI Certificate

          This program is in redevelopment. Click this page for DEI resources.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Authentic Professionalism for Early Career Professionals

          In this highly interactive workshop with Strategic Career & Leadership Coach Carole-Ann Penney, you’ll define your professional identity and develop strategies to confidently navigate workplace dynamics.

          Read More
  • Economic Inclusion
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          • Overview
          • Pacesetters
          • Resources
        • ...
          Economic Inclusion
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          arrow-go
          Read More
        • ...
          Economic Inclusion
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          arrow-go
          Read More
        • ...
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          Read More
          BIMA

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          Read More
          Women’s Network

          For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

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Chamber and MassCPAs Release Tax Reform Recommendations

Download the Tax Reform Recommendations

Build the Region’s Economy & Increase Jobs with Tax Reform

 

February 1, 2023

Two Massachusetts business groups released a tax reform proposal that is designed to improve the state’s competitiveness – and to counter other states’ aggressive pursuits of the Commonwealth’s employers and talent.  With three years of historic revenue growth and a structural budget surplus, the state is well-positioned to adopt tax reforms that demonstrate its commitment to building the region’s economy and increasing jobs for residents.

The joint effort by the Greater Boston Chamber of Commerce and the Massachusetts Society of CPAs focuses on policy changes that will ultimately ensure there are jobs and opportunities for economic growth available to Massachusetts residents, both critical factors to achieve an inclusive economy. The goals of the proposed tax reforms are to:

  • Mitigate the negative effects from tax policy on employers, job creators, and economic decision makers;
  • Correct tax policies for which Massachusetts is an outlier;
  • Stimulate new economic activity and protect and sustain current economic activity; and
  • Address the millionaire’s tax unintended consequences.

“This proposal for tax reform is exactly what the Commonwealth – its residents, families, and businesses – need right now. To compete and win today, we need to address and solve for the negative effects and unintended consequences that make it difficult to start and sustain a business in Massachusetts and to work, live, and be successful here,” said James E. Rooney, President & CEO, Greater Boston Chamber of Commerce. “Understanding that tax reform is urgently needed and the issues are incredibly complex, we are proud to partner with MassCPAs and business leaders across the Commonwealth to ensure that Massachusetts remains competitive and is a place where economic opportunity and jobs are in abundance.”

“Advocating for our members and the communities they serve is what we do at MassCPAs,” said MassCPAs President and CEO Amy Pitter. “This has been particularly top of mind since the millionaire’s tax passed. In a December 2022 survey of MassCPAs members, 73% said their conversations with clients about changing their domicile have increased, so the proposals we offer are to stop that migration and boost the Commonwealth’s competitiveness. These tax proposals intend to protect and generate economic activity by reducing the negative effects from certain tax law; correct policies that make Massachusetts an outlier; and address unintended consequences of the new surtax. Our efforts are ongoing, and we are grateful to the Chamber and tax and legal experts for their work to keep Massachusetts a competitive state.”

Tax Reform Designed to Drive the Region’s Competitiveness

The specific proposals include reforming the state’s estate tax, reducing capital gains tax rates, eliminating the state’s “sting tax” on S-corps, and eliminating other policies that penalize Massachusetts employers. The slide deck provides more details on the specific proposals, the context for tax reform, and how Massachusetts compares nationally. The proposal was developed by the Greater Boston Chamber of Commerce and the Massachusetts Society of CPAs and with detailed input from tax and legal experts.

Read the Tax Reform Recommendations
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