tax revenue - NewBostonPost

Democrats

‘Millionaire’s tax’ vote Wednesday expected to push it forward

BOSTON – Republicans in the state Senate appeared resigned on Tuesday to the idea that Wednesday's vote over a constitutional amendment that would slap the commonwealth's top earners with a special tax surcharge will be a mere formality rather than a considered move informed by an actual

Massachusetts

April tax plunge creates budget bind, Baker does not plan cuts

STATE HOUSE — Despite sluggish tax collections for the state's largest revenue month appearing to put the state's budget in a squeeze, Gov. Charlie Baker has no plans to impose another round of emergency cuts to keep the state's budget in balance with only two

Massachusetts

Bay State growth gains as U.S. 1st-quarter rate sags

BOSTON – Hours after the Massachusetts House of Representatives approved an annual budget bill calling for modest spending increases, federal officials reported Thursday that the U.S. economy nearly stalled last winter, declining from relatively modest growth rates over the past two years. By contrast, a local assessment showed that Bay

Massachusetts

Leave ‘Taxachusetts’ dead and buried

Will "Taxachusetts" soon join the undead? On Wednesday, lawmakers on Beacon Hill have an opportunity to drive a stake through the heart of that long-derided state nickname, by refusing to vote for a new 4 percent surcharge on million-dollar incomes. If legislators give the proposed constitutional amendment the

Massachusetts

Boston immigrants drive Hub’s economic vitality, author says

BOSTON – Immigrants are more central than ever to Boston's economy. They make up more than a quarter of city residents and spend around $4 billion annually, which accounts for almost 26,000 jobs and generates $1.3 billion in tax revenue, according to the Boston Redevelopment Authority. But

boston

‘Millionaire tax’ and pot legalization sponsors file signatures, point to revenue potential

BOSTON – Massachusetts voters may soon get a chance to decide whether to raise state revenue by taxing the rich, legalizing and taxing marijuana, or both. Supporters of two ballot initiatives, one that would impose a state "millionaire tax" and one that would legalize recreational use of marijuana, both