Dear Editor,

Massachusetts is facing a critical moment. Federal budget cuts are threatening to devastate essential services — Medicaid, SNAP, education, mental health care, and more. These cuts could strip healthcare and food assistance from up to 350,000 residents, blow a $3.5 billion hole in our state budget, and harm over 1 million students. We must act now to protect our communities.

A powerful solution is the Corporate Fair Share Act (An Act Combating Offshore Tax Avoidance, H.3110/S.2033), a proposal that would raise over $400 million in new annual revenue by closing a loophole that allows billionaire global corporations to hide profits offshore and avoid paying their fair share in Massachusetts taxes.

Right now, Massachusetts only taxes 5 percent of these offshored profits — far

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