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Big Tax Changes Unlikely in Mass. House Panel’s Budget Blueprint

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No major tax hikes are anticipated when House Democratic leaders unveil their proposed state budget for the next fiscal year in Massachusetts.

But discussions are expected to continue among lawmakers on possible ways to raise new revenue for education and transportation needs.

The House Ways and Means Committee plans to announce its budget recommendations on Wednesday, with debate by the full House expected to begin next week.

Republican Gov. Charlie Baker submitted a $42.7 billion budget to the Legislature in January that calls for a 1.5 percent increase in overall state spending. The plan includes several targeted tax proposals, including new levies on pharmaceutical manufacturers that sell opioid medications, and on e-cigarettes and vaping products.

Baker also proposed increasing the real estate transfer tax to fund local climate change initiatives.

Copyright AP - Associated Press
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