• politics August 9, 2022 7:18 pm

    Mass. Tax Relief Talks Far Apart 10 Days Into Summer Recess

    Though talks around economic development and tax relief have continued since formal sessions ended early on Aug. 1, the House and Senate remain far apart and, according to Senate President Karen Spilka, House leaders last weekend rejected the latest proposals. Spilka told the News Service that she thinks it is imperative that the Legislature finish its work reconciling differing versions…

  • tax relief July 31, 2022 1:03 pm

    ‘Everything Is Still Up in the Air': What Mass. Lawmakers Are Scrambling to Decide

    The day of decisions has arrived. As Massachusetts’ senators and representatives prepare Sunday for the final formal session of the year as allowed by their joint rules, all eyes are on the five conference committees still negotiating significant policy topics that the House and Senate each have passed legislation to address: economic development, cannabis industry reforms, sports betting, mental health…

  • tax relief July 30, 2022 7:15 am

    Baker's $3B Tax Relief Plan Could Face Last Minute Pushback From Lawmakers

    With Democrats heading into the weekend scrambling for a path forward on tax relief, House Speaker Ron Mariano said Friday that he is open to changing, delaying or spiking a 1986 voter law that appears poised to return nearly $3 billion to taxpayers. This week’s revelation that Massachusetts is on track to trigger a decades-old provision requiring excess tax collections…

  • tax relief July 28, 2022 5:04 pm

    Gov. Baker Sees 1986 Law Triggering $2.5 Billion in Tax Rebates

    Anticipating that a 1980s law that’s largely been relegated to the depths of Beacon Hill memories will be triggered by the fiscal year 2022 surplus, the Baker administration is preparing to make “north of $2.5 billion” in tax rebates available to Massachusetts residents later this year. With a historic surplus expected from the budget year that ended June 30, Democrats…

  • Massachusetts July 12, 2022 6:44 am

    Mass. Lawmakers Unveil $1B in Tax Relief

    Massachusetts lawmakers are debating this week whether to offer tax relief and rebates to residents amid the highest inflation rates seen in decades.

  • Massachusetts July 12, 2022 6:57 am

    Mass. Lawmakers Debate Tax Relief, Rebates

    Massachusetts lawmakers are debating this week whether to offer tax relief and rebates to residents amid the highest inflation rates seen in decades. A $3.8 billion dollar spending bill was given initial approval by the Massachusetts House of Representatives on Monday, which calls for roughly one $1 billion in combined tax relief. About half of that relief would come in…

  • tax relief July 11, 2022 10:27 am

    Democratic Lawmakers Expand $500M Mass. Tax Relief Plans

    Democratic leaders of the Massachusetts House and Senate have agreed to a broad framework for up to $500 million in additional tax relief that would see credits for low-income earners, parents, renters and seniors expanded, and the “archaic elements” of the state’s estate tax reformed. The deal comes on the heels of last week’s announcement from House Speaker Ron...

  • inflation relief July 8, 2022 7:19 am

    Proposed Rebates Would Offer Relief to 2 Million Mass. Residents

    House Democrats estimate their new tax rebate plan would help more than 2 million Massachusetts residents, and the half billion-dollar program might only represent an opening salvo of tax relief proposals. The program legislative leaders placed on the table Thursday would offer one-time, $250 payments to middle-income taxpayers across the state, a move lawmakers pitched as a more targeted way…

  • Massachusetts June 13, 2022 1:03 pm

    Massachusetts Sales Tax Holiday Set for Aug. 13-14

    The Legislature on Monday set the dates of this year’s sales tax holiday weekend, settling on Aug. 13 and 14, when Massachusetts shoppers will get a break from state sales tax on most retail items less than $2,500. The annual sales-tax-free weekend was made permanent by a 2018 law, which calls on the Legislature to set the dates by June…

  • Massachusetts April 25, 2022 7:37 pm

    Mass. House Rejects Series Of Tax Relief Proposals

    House Democrats kicked off debate Monday on a nearly $50 billion state budget bill by rejecting Republican-led efforts to weave tax relief into the annual spending plan. Massachusetts raked in more than $5 billion in surplus tax revenues last fiscal year and is running at least $1.5 billion ahead of the current year’s projections, performance that — coupled with more…

  • tax relief January 26, 2022 2:43 pm

    Baker Tax Relief Plans Add Up To Nearly $700 Mil

    The $48.5 billion budget Gov. Charlie Baker is proposing for fiscal 2023 pairs a modest increase in state spending with a total of $693 million in tax cuts. Among other measures, Baker’s eighth and final annual budget proposal seeks to double the allowable maximum for the senior circuit breaker property tax credit and increase the cap on deductions for rent…

  • back to school July 29, 2020 12:39 pm

    Sales Tax Holidays Are Coming Up. Here's What States Have Planned

    This summer, more than a dozen states are offering shoppers a back-to-school sales tax break. Whether it’ll be enough to draw legions of parents to mom-and-pop shops amid a pandemic is looking iffy. Depending on the state where you’re shopping, you can knock off anywhere from 4% (Alabama) to 7% (Tennessee) when you’re buying clothes, shoes and school supplies...

  • Chris Sununu April 3, 2020 3:52 pm

    Sununu Announces NH's Latest Coronavirus Measures, Including Tax Relief

    New Hampshire Gov. Chris Sununu held his latest coronavirus news conference, announcing new measures including a mechanism to let municipalities relieve residents’ immediate tax burdens and more.

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