John Budenas, “House sends $1.1 Bil tax relief bill to senate,” State House News Sevice, April 13, 2023.
The Progressive Massachusetts group zeroed in on the estate tax, short-term capital gains tax and single sales factor apportionment reforms collectively worth about $440 million as pressure points. During its lobby day earlier on Thursday, the organization slammed those measures as “regressive” and likely to blunt the impact of a newly voter-enacted surtax on high earners.
“Think of all that we could do with $440 million if instead we invested it in our public transit systems, in education, in child care, in climate resilience, in affordable housing, or in health care,” the group wrote in a handout from its event. “Indeed, tackling our housing crisis should be the #1 priority if legislators actually cared about the goals of ‘affordability’ and ‘competitiveness.’”
