fiscal year

President Joe Biden on Monday announced details of his 2023 budget proposal, which includes an income tax hike for billionaires.

The top Democrat in the Massachusetts Senate on Friday dismissed a proposal by Republican Gov. Charlie Baker to expand the state’s annual two-day sales tax holiday to a two-month event this year — dealing a possible fatal blow to the plan. Consumers in Massachusetts are already eager to hit the stores as the state emerges from more than a year…

Gov. Charlie Baker on Thursday continued to pitch his new idea for a two-month sales tax holiday in Massachusetts this summer even after the $900 million tax relief proposal landed with a bit of a thud on Beacon Hill where many Democrats panned the short-term tax break and supporters voiced skepticism about its chances. Baker filed legislation proposing to use…