Michael Widmer, president of the Massachusetts Taxpayers Foundation, a fiscal policy think tank, said the impact of the repeal will be huge. "There's is no way that many of the long-term projects that the Patrick administration has on the table can now be funded," Widmer said.
Michael J. Widmer, president of the Taxpayers Foundation, who helped campaign against the repeal, said the vote could have serious long-term consequences for transportation funding that was given a boost last year.
Michael Widmer: “This is a traditional form of taxation, namely adjusting it to inflation…When you get a cost of living increase, you pay more in income tax… This happens to be tied to cents rather than percents, but the distinction is meaningless. This is a very common form of taxation.
The Transportation Finance Commission was created as an independent body to examine and evaluate the financial health of the State's transportation agencies and authorities, and make recommendations based on their findings.