Top lawmakers agree to lower short term capital gains tax, reform tax cap law
Massachusetts Democrats agreed to lower the short term capital gains tax from 12% to 8.5% and reform a tax cap law.
Source: bostonherald.com
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$1 billion tax break bill set for House, Senate votes this week
The compromise bill expands child tax credit and reforms estate tax.
Source: wgbh.org
Mass. tax package: Lawmakers to move quickly on $1 billion deal
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.
Source: bostonglobe.com
$1 billion Mass. tax relief plan unveiled
The compromise tax reform package expected to win House and Senate approval this week combines relief for Massachusetts seniors, renters, caregivers and...
Source: necn.com
Beacon Hill Dems agree on $1 billion tax reform compromise
The final deal caps off more than a year and a half of debate and takes aim at a pair of issues that have been top of mind for policymakers: the increasingly unaffordable cost of living, and a growing fear that Massachusetts is not competitive enough to attract the businesses and workers its economy needs.
Source: wbur.org