IN THE business world, if you have an idea but no plan to pay for it, you get laughed out of the room. If you make a promise you can't keep, there are consequences. If you ultimately fail to produce results, you lose your job. That's how businesses create accountability. I believe elected officials should be held equally accountable for getting results.
In a recent television ad, Lieutenant Governor Kerry Healey says ``I'll be in there fighting every day to protect your money." Yet since 2002, residential property taxes are up 32 percent, fees are up, critical government services have been cut, and, despite all the campaign promises, the income tax hasn't moved an inch.
For 16 years, residents of Massachusetts have voted against change in the governor's office, with many unwilling to trust a Democrat at the fiscal helm. But if you look at the last four years, this administration hasn't been accountable for results. When it comes to ``protecting your money," it shouldn't be about Republican versus Democrat; what matters is who can get the job done.
But here's the catch: To cut taxes responsibly, we can't do it all overnight. Next year's budget counts on $500 million from the rainy day fund. It would be easy politics to promise an immediate tax cut -- but that would be reckless. And passing this burden to cities and towns, forcing higher property taxes, would be a mistake.
My plan devotes 40 percent of all growth in tax revenues above inflation to an income tax cut, 40 percent to new investments and local aid, and 20 percent to replenishing the rainy day fund. Why this approach? First, it assures we can actually afford the tax cut. Second, it balances priorities among lowering taxes, smart investments, and prudent savings.
Not nearly enough is done to move beyond the status quo in public education. We can't be afraid to innovate. That means, for example, lengthening the school day in communities that want that, and supporting charter schools. It's not enough to just spend on the right priorities. Spending more innovatively and effectively is what actually gets results.
According to the Massachusetts Taxpayer's Foundation, we can afford to responsibly increase the amount of bonds we issue each year. Bonding is generally devoted to infrastructure -- like roads and bridges -- and I'll continue that work. But creating jobs now takes more than concrete. It takes technological leadership.
That's why I've proposed investing $1 billion in bond funds over the next decade toward peer-reviewed research in cutting-edge technologies like renewable energy and stem cell research. We must keep pace with California and Calcutta if we hope to create high-paying jobs that allow our kids to stay and live and thrive here.
Christopher F. Gabrieli, who is running for governor, lives in Boston with his wife, Hilary, and their five children. ![]()