Study: Overhaul to cost Mass. taxpayers $7.5B

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Jan 12 2018

By Michael Norton, State House News Service / Sentinel & Enterprise

"For a lot of people in Massachusetts, they are going to feel the effect of the cap," Eileen McAnneny, foundation president, told the News Service. "People with higher incomes tend to deduct and itemize at a greater percentage than folks with more modest incomes. They will be seeing certainly an increase in their income tax and property tax burden because they will be able to deduct less at the federal level."
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