February 20, 2023
PUBLIC FINANCE > Taxes > Income Tax

Massachusetts Taxpayers Foundation report offers Healey a tax cut blueprint

Matthew Medsger ,

The Boston Herald

According to the foundation, though, Healey should also consider changes that will encourage higher income workers to stay in and around Boston’s tech hub.

“Crafting a package that takes on key costs for historically marginalized communities and working families, while reducing incentives for taxpayer relocation is challenging, but doable,” the group asserts.

The foundation proposes the governor consider changes to the short term capital gains tax, the estate tax cliff and threshold, the senior circuit breaker, a rental deduction, the child tax credit and the so-called sting tax on S-corps.