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Increasing the child tax credit, reducing the estate tax and increasing the earned income tax credit are among the elements of a proposed Massachusetts tax relief deal nearly two years in the ...
In a statement just after 9 p.m., Gov. Healey said, “As I’ve said from day one, tax relief is essential for making Massachusetts more affordable, competitive and equitable.
The tax package is estimated to save taxpayers $561 million this fiscal year, and will eventually climb to just over $1 billion once it goes into full effect, according to legislative officials.
In a statement just after 9 p.m., Gov. Healey said, "As I've said from day one, tax relief is essential for making Massachusetts more affordable, competitive and equitable.
The Massachusetts legislative leadership announced its compromise tax relief package that it says will put more money in many residents' pockets. From left are Sen. Michael Rodrigues, D-Westport ...
The right-leaning Massachusetts Fiscal Alliance criticized legislative leaders for being “not open to transparency or tax relief,” noting that the $56.2 billion budget accord was filed shortly ...
Rental deductions: Renters, some 800,000 strong in Massachusetts, will be allowed to deduct an extra $1,000 a year, up to $4,000 of their housing costs. Capital gains: The bill reduces the tax on ...
A conference committee's tax relief bill was filed on Sept. 26, 2023 Details of a sweeping tax relief bill have been announced by legislative leaders in Massachusetts.
BOSTON — "Tax cuts are here and everyone is going to benefit from them," Massachusetts Gov. Maura Healey said Wednesday after she signed into law the state's first tax cuts in two decades.
WHAT HEALEY WANTED — A $600 child and dependent tax credit, a $3 million estate-tax threshold (up from $1 million) and a 5 percent short-term capital gains tax rate (down from 12 percent). She ...
The Massachusetts legislative leadership announced its compromise tax relief package that they guarantee will put more money in many residents' pockets, from left, Sen. Michael Rodrigues, D ...