July 18, 2023

Senate tax bill’s financial hit bigger than suggested

Healey analysis says cost would rise 60% over five years

Chris Lisinski ,

State House News Service / Commonwealth Magazine

Doug Howgate, president of the Massachusetts Taxpayers Foundation think tank, said the escalating credits designed to prime housing development take aim at the lack of affordable housing strangling many Bay Staters.

“This has a significant cost over time, but when you think about our goals for housing production and mitigating costs in those areas, clearly this is something there’s a great deal of support for,” Howgate said.