Live Breaking News & Updates on Oston municipal research bureau
Stay updated with breaking news from Oston municipal research bureau. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A new poll released by a Boston think tank shows a majority of city voters favor the mayor’s plan to increase commercial tax rates to offset declining property values in that sector, rather than taxing homeowners more or cutting the budget.
A fiscal watchdog is cautioning Mayor Michelle Wu against moving forward with her plan to raise property taxes on Boston businesses beyond the state limit, saying that there are better alternatives that won’t hurt the city’s economy.
Mayor Michelle Wu rolled out an “emergency law” to allow Boston to begin increasing property taxes on businesses beyond the state limit next year, saying that residents could otherwise face higher taxes driven by a decline in commercial values.