The rolling stock tax in Massachusetts continues to impact companies of all sizes and will continue to do so until it is eliminated. Due to matters unrelated to the rolling stock initiative, the Massachusetts legislature decided to delay its tax reform initiative to 2023.
Here is the good news for the rolling stock initiative:
- The Massachusetts legislature has publicly committed to passing tax relief/tax reform legislation early in the upcoming session.
- Governor-Elect Maura Healey has stated that tax relief and tax reform will be a priority for her administration on day one.
- TAM has generally made tremendous progress in raising our profile and advancing the rolling stock initiative, specifically before government leaders. Our efforts have put us on the edge of changing this law in Massachusetts.
For the future of trucking in Massachusetts, we need to continue this important work. With your financial support, we will be able to ensure that doing business in Massachusetts is not a liability to your company. We have come too close to giving in now. To finish the work we have started, we need to raise $70,000.00. Given the rolling stock tax’s impact on every trucking company, this is a relatively small amount if we all join together! This amount will help fund the effort thru the entire session (20 months) if needed, and your donation will only be used for this purpose. If we are unable to raise the requisite amount, TAM will/would not be able to move forward on this critical issue.
A select few of you have been generous in your support of our efforts in the past; thank you. I am hopeful you will continue to find it in your best interest to continue to support this effort. If you have not contributed, I am asking that you please consider joining the effort. I understand that budgets are being formulated for 2023, and I hope you will consider donating to continue this effort in your planning for 2023.
TAM is a small organization, and we have spent hundreds of thousands of dollars on this effort these past years. It’s simply not in our budget to carry this load alone. Accordingly, please donate to this initiative.
On behalf of the Trucking Association of Massachusetts members and the men and women who drive the Commonwealth roads every day, thank you for considering this request. If you have any questions, please do not hesitate to contact me at: (781) 307-6679.
TAM Executive Director
Trucking Association of Massachusetts
198 Tremont Street
Boston MA 02116