A left-of-center advocacy group is lamenting $4.15 billion in what it calls "lost revenue" from incremental decreases in the Massachusetts taxes since the late 1990s.
A report issued by the Massachusetts Budget and Policy Center highlights decreases in personal income tax (from 5.95 percent to 5.05 percent), long-term capital gains tax (from 6 percent to 5.05 percent), and dividend and interest income from stocks and savings accounts (12 percent to 5.05 percent); and an increase in the personal
A left-of-center advocacy group is lamenting $4.15 billion in what it calls "lost revenue" from incremental decreases in the Massachusetts taxes since the late 1990s.
A report issued by the Massachusetts Budget and Policy Center highlights decreases in personal income tax (from 5.95 percent to 5.05 percent), long-term capital gains tax (from 6 percent to 5.05 percent), and dividend and interest income from stocks and savings accounts (12 percent to 5.05 percent); and an increase in the personal…
