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Tax Increase

Saturday, March 2, 2013

Will Deval Patrick's $1.9 Billion Tax Hike Pass?

The governor is optimistic but state legislators don't sound so sure. What do you think?

  Gov. Deval Patrick is still bullish about his budget proposal, which will raise $1.9 billion in new revenue through an increase in the income tax, decrease in the sales tax, and various other changes to taxes, fees and deductions. But the men and women who have to pass the bill don't sound as eager to support a package many see as a politically damaging measure. The Boston Herald quotes several Beacon Hill legislators who sounded notes of caution and outright opposition to the budget. Those quoted cited the 1990 election losses in the wake of an income tax increase, pressure on small businesses and the higher price of gas as reasons they were skeptical. And the governor's new Web tools touting proposed transportation and education …

Natalie

11:42 am on Monday, March 4, 2013

Most of us spend so much time coming up with reasons of overspending, 2% salary increase, Cadillac, etc. I bet these are only the tip of iceberg made public, the rest is deep of water level our eye can see. The generation of patriots is gone... we are left with a bunch of self-interest politicians to choose from. They are our gift to our children's future. p.s. I can't believe Obama is not taxing…   more ›

Thursday, January 24, 2013

Gov. Patrick: Tax Increases Will be an Investment in State's Future

Investing in education and transportation will boost the economy, the governor said Thursday.

The tax increases Gov. Deval Patrick has requested will be used to invest in places like education and transportation in an effort to boost the state's economy, he said Thursday morning after an event at the Perkins School for the Blind in Watertown. In his budget proposal, released Wednesday, Patrick asked for an increase in the income tax - while cutting the sales tax - as a way to get more revenue for the state. He will have to make the case to Massachusetts residents that the money will not just go into old programs. "That’s part of my job, which is to make it clear to people that we are asking that they contribute more, but it is in order to get more," Patrick said. "This is a budget about growth, and growing job opportunity. By …

Nate

7:57 pm on Friday, January 25, 2013

If an investment in the future means him hiring every hack who threw a check into his campaign fund then yes this is an investment in the fiuture. One we will have to pay for for years after Patrick is gone too.   more ›

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