Taxes The Boston Globe

The governor's record

Governor Mitt Romney called his three years as governor a ''whirlwind of accomplishment'' when he announced he would not seek reelection in 2006. His speech included several campaign-style assertions that may well be opening shots in a bid for the 2008 bid for Republican presidential nomination.

Taxes


WHAT HE SAID: ''Taxes have been lowered, most recently for our seniors, and benefits for veterans and National Guardsmen have been improved.''

THE RECORD: Romney and the Legislature resisted an income-tax hike to close the budget gap. But other than a recently approved property-tax break for older residents, there hasn't been another significant tax reduction during Romney's term. After a public outcry, the Legislature heeded Romney's call to grant about $275 million in refunds to 157,000 investors who paid capital gains taxes in 2002, but that is designed to correct a mistake lawmakers made and is not a long-term tax cut. The Legislature has ignored the governor's call to roll back income taxes, and he has collected more, not less, tax revenue from corporations by closing what he calls tax loopholes.
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Compiled by Scott Greenberger, Globe staff