A proposed $207 million tax cut could be detrimental to the credit rating for the state of Massachusetts, rating officials said yesterday.

"Any sort of tax cut will have to be covered by either a strong display of revenues or an uptick in the state's economy," said Claire G. Cohen, executive vice president at Fitch Investors Service Inc. "It's hard to say too much about a proposal, though."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.