The Boston Business Journal reports.
Since the liquor stores are lobbying to be able to sell p o t, if they're allowed to, then the retailers should be able to sell beer and wine in Massachusetts, like they do in New Hampshire.
What's the net impact of both (a) the millionaire's tax increase, and (b) the sales tax decrease? I think it means a decrease in total budget, but I could be wrong.
The net impact of both changes is a more progressive taxation scheme, but if it means a smaller state budget, it also means less progressive state expenditures.
Progressive state expenditures. They see by voting yes they get to keep more of THEIR HARD EARNED money, and rightfully so.
Explain how they intend to pay for formerly subsidized services that will not be subsidized anymore, and will carry the additional profit margin of privatization.
Take your time.
Doe sales taxes are regressive taxes disproportionately levied against those who spend a greater proportion of their income. Progressive government initiatives will always have to fight for their funding but this isn't their battle.
If you want a budget proposal, how about a proportionate increase in revenue from increasing (and enforcing) luxury tax?
How many bucks?
i got really good at figuring out what 6.25% of something was finally!!!!
Except it's actually 7% in many places, because there's a town-by-town option to add an additional ¾%.
if, at the same time, they give the MBTA a dedicated funding source
Temporarily increase Mass Income tax with funds directed into funding , duration of time and utilization of funding clearly non-negotiabley altered under penalty of being shot at dawn in the slush .
"Temporary" is how we wound up with tolls and the sales tax in the first place.
Once Beacon Hill has you contributing blood they never pull the IV out. They want MOAR MOAR MOAAAAAAAAAAR!
It's like obtaining a loan from the Mob. You never can pay it off.
The sales tax hike was back in 2009. I remember being in the UHub discussions back then about it. Time flies.
I also remember that whole 3% vote, I do remember I wanted the sales tax to go back down, but reducing it to 3% was too drastic.
I would like to say it's time to bring it back to 5% as promised back then, but we just went trough budget cuts. Will there ever be a right time?
At 6.25% Massachusetts is still very low compared to most of the USA. I think 4-4.5% (which is what they're proposing) would be hard to pass. Most voters remember 5% and would probably be comfortable with that.
It would make sense to have a permanent exemption on clothing under, say, $50.
Clothing is non-taxed up to $175 per item: http://www.mass.gov/dor/individuals/taxpayer-help-and-resources/tax-guid...
MA sales tax exempts food, something many other state sales taxes include.
This is why there are big masses of grocery stores on the Oregon/Washington border that you don't see on the NH/Massachusetts border.
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