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Economists Support Governor’s Tax Plan

Gov. Deval Patrick speaks at a news conference at the Statehouse in Boston, Wednesday, Jan. 23, 2013. Patrick unveiled his proposed $34.8 billion state budget, which includes a hike in the income tax rate, from 5.25 percent to 6.25 percent, and a sales tax cut, from 6.25 percent to 4.5 percent. (AP Photo/Michael Dwyer)

Gov. Deval Patrick speaks at a news conference at the Statehouse in Boston, Wednesday, Jan. 23, 2013. Patrick unveiled his proposed $34.8 billion state budget, which includes a hike in the income tax rate, from 5.25 percent to 6.25 percent, and a sales tax cut, from 6.25 percent to 4.5 percent. (AP Photo/Michael Dwyer)

A group of 57 local economists has signed a letter backing Governor Deval Patrick’s revenue-raising plan to fund $1.9 billion dollars’ worth of education and transport upgrades.

This latest endorsement comes after the Governor’s proposals met with resistance last week from House Speaker Robert DeLeo, who called for a much more moderate revenue package.

Guest

Barry Bluestone, director of the Kitty and Michael Dukakis Center for Urban and Regional Policy at Northeastern University.


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  • J__o__h__n

    The gas tax should be raised equal to the same percentage  increase in MBTA fares since the last time the gas tax was raised. 

    • X-Ray

      The MBTA dug its own hole with overspending and mismanagement. It serves a small area. The whole State shoulod not be called on to bail them out. Have Boston impose a gas tax increase.

  • Abc123

    Higher taxes force people and companies to leave a state to go to a state with lower taxes.  Look at Fidelity.  Massachusetts can raise the state tax as high as they want, but if a family or person moves out of the state, that is one less person massachusetts can collect from.  It is better to tax less and collect from move people than tax high and collect from no one.   

  • X-Ray

    Characterizing the Income Tax increase as “one point” (in the audio) is
    disingenuous; it is a 20% increase in the tax rate. And remember, it is a
    rate. The tax required to be paid increases automatically with inflation and
    income increases.

  • Rev. Anthony Bryant Sr.

    Please stop this madness befoe it is to late!

    We appeal to
    all those organizations that are witch dogs for the community and an appeal to
    our state reps, to appeal the Governor’s economic package.

    The avearge
    American, the average Bostonian has not received a decent raise in the last
    eight to ten years and is suffering greatly. This economic package will push us
    over the edge and create additional poor.

    To rase out taxies,
    with the raise of food, gas, and electric is unconscionable, will make it difficult
    to live.

     Several years ago we the employee would get a
    cost of living raise and a merit raise allowing those who would work hard
    beyond the call of duties an incentive.  The cost of living raise would allow us to
    keep up with the cost of living.  Please,
    someone out there help us, we two want to live!

     

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